Tesla's Bad News Accelerates As Wall Street Loses Faith
For the year, the share price is down around 40%, largely on concerns Tesla is running out of buyers for its vehicles.
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For the year, the share price is down around 40%, largely on concerns Tesla is running out of buyers for its vehicles.
Median pay for S&P 500 CEOs was $12 million last year.
Shares of Bay Area electric carmaker Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up.
KPIX got a preview of Volvo's Polestar 2 before its San Francisco debut. The all-new, all-electric car is meant to compete against the best-selling Tesla Model 3.
Bay Area electric car maker Tesla is investigating after one of its vehicles appeared to explode in China.
Bay Area electric car maker Tesla is hiking prices as it adds autopilot as standard on most of its cars. It's also making it harder for customers to buy its cheapest model.
Sales of electric cars from Bay Area-based Tesla, along with General Motors, could get a boost from a bill introduced this week by a bipartisan group of lawmakers.
A federal judge will hear oral arguments Thursday about whether Tesla CEO Elon Musk should be held in contempt of court.
Tesla is walking back its plan to close most retail stores worldwide in a move the Bay Area-based company says will force it to raise prices on most of its electric vehicles.
Tesla has announced it's now ready to deliver on its promise to make a $35,000 electric car, but it may be laying off sales staff and closing brick and mortar sales showrooms to make it happen.
Tesla is suffering one of its worst sell-offs of the year after the Bay Area car company said it would begin closing all of its stores in favor of selling its electric cars exclusively online.
Tesla says it is now taking orders for the long-awaited $35,000 Model 3, a car for the masses that is essential for the Bay Area-based electric car company to survive.
Elon Musk, CEO of Bay Area based Tesla, has until March 11 to explain to a federal judge in New York why he shouldn't be held in contempt of court.
Cold temperatures can sap electric car batteries, temporarily reducing their range by more than 40 percent when interior heaters are used, a new study found.
Bay Area electric car company Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3.
Bay Area electric car company Tesla eked out a small fourth-quarter profit to close 2018, but fell short of Wall Street estimates.
Fremont Police Department announced on Wednesday that it will begin a pilot program to test out a Tesla Model S that is customized for patrol operations.
Bay Area-based electric car maker Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford.
Bay Area electric car company Tesla's new manufacturing plant in China is officially under construction.
Bay Area-based Tesla made about 9,300 more vehicles than it delivered last year, raising concerns among industry analysts that inventory is growing as demand for the company's electric cars may be starting to wane.
Shares of Bay Area-based electric car and solar panel maker Tesla Inc. tumbled Wednesday morning after the company cut vehicle prices by $2,000 and announced fourth-quarter sales figures that fell short of Wall Street estimates.
Electric car buyers interested in vehicles from Bay Area-based Tesla motors can say goodbye to a $7,500 tax credit in the new year.
Tesla CEO Elon Musk said the Bay Area-based electric car company came "within single-digit weeks" of death this year as it struggled to meet production targets for its Model 3 sedan.
Securities investigators have subpoenaed information from Tesla about production forecasts for the Model 3 electric car that were made last year.
A Tesla spokeswoman says there's no reason to believe an autopilot feature in a Model S vehicle malfunctioned, despite a Florida driver's claims in a lawsuit.
Organizers of the annual Outside Lands Music Festival at Golden Gate Park in San Francisco announced the lineup for the upcoming 2026 event.
San Francisco city departments have been told they will need to eliminate at least 500 budgeted positions, including some currently filled roles, as part of a sweeping effort to reduce a projected $400 million annual deficit.
Six American service members have been killed in the U.S.-Iran conflict, U.S. Central Command said.
Former Oakland police chief Floyd Mitchell has been appointed to lead the police department in the city of Fremont.
As more women seek hormone replacement therapy, or HRT, the shortage of estrogen patches increases, forcing them to look for other options.
Organizers of the annual Outside Lands Music Festival at Golden Gate Park in San Francisco announced the lineup for the upcoming 2026 event.
San Francisco city departments have been told they will need to eliminate at least 500 budgeted positions, including some currently filled roles, as part of a sweeping effort to reduce a projected $400 million annual deficit.
Former Oakland police chief Floyd Mitchell has been appointed to lead the police department in the city of Fremont.
As more women seek hormone replacement therapy, or HRT, the shortage of estrogen patches increases, forcing them to look for other options.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Organizers of the annual Outside Lands Music Festival at Golden Gate Park in San Francisco announced the lineup for the upcoming 2026 event.
San Francisco city departments have been told they will need to eliminate at least 500 budgeted positions, including some currently filled roles, as part of a sweeping effort to reduce a projected $400 million annual deficit.
One of the people at the rally said she believes going to war with Iran could continue to exacerbate socio-economic issues here in the United States.
At the meeting, Waymo said there are about 70 dispatchers at a call center in the Philippines to assist cars in the company's global fleet that require human intervention. But on the night of Dec 20, they said the system was simply overwhelmed.
San Francisco residents say they've noticed the flashing lights from the cameras, identifying license plates of speeding cars, and hope the citations will lead to drivers slowing down.
Former Oakland police chief Floyd Mitchell has been appointed to lead the police department in the city of Fremont.
A person riding on a watercraft at Discovery Bay died on Sunday after it flipped over. The person did not know how to swim and was not wearing a life vest at the time, the sheriff's office said. Two other people on the watercraft were able to swim to safety.
The Bay Area learned in December about the passing of legendary Bay Area Park Ranger Betty Reid Soskin, but they waited until Sunday to hold a public tribute to her.
The gathering, held on a pedestrian bridge above a freeway in Berkeley, brings together community members waving signs and dancing as passing drivers honk in support.
A teacher strike in Oakland has been averted after the teachers' union and the school district reached a tentative agreement on Friday morning, preventing disruptions for students and families.
Dozens of residents of an apartment complex in the South Bay have been displaced following a fire that began in a carport Monday afternoon.
One of the people at the rally said she believes going to war with Iran could continue to exacerbate socio-economic issues here in the United States.
More than 100 residents of a condominium complex in Santa Clara remain evacuated after structural issues were found in the building over the weekend.
Police in San Jose released body camera footage of a deadly shootout earlier this year involving a man suspected in a lengthy crime spree that included shootings with law enforcement, along with armed robberies and carjackings.
A fire broke out at an apartment complex in Campbell Monday afternoon, authorities said.
The California Highway Patrol arrested two drivers on Highway 101 in Sonoma County early Monday morning after they allegedly took part in a street race in which a third driver was filming.
Officers arrested a suspect with an outstanding out-of-state murder warrant in Vallejo, police said Friday.
A suspect is accused of animal cruelty after hundreds of birds and evidence consistent with bird fighting were located at a home just outside of Santa Rosa city limits on Wednesday, authorities said.
Authorities in the San Francisco Bay Area have arrested three people from the East Coast on suspicion of identity theft in an alleged bank fraud case, including a woman who was reported missing several months ago.
Police in Vallejo said they arrested a driver on multiple felony charges following a pursuit over the weekend that covered nearly 16 miles.
Kawhi Leonard had 23 points, eight rebounds and four assists, and the Los Angeles Clippers erased a 17-point deficit to beat the short-handed Golden State Warriors 114-101.
The Athletics had the highest success rate using the robot-umpire system to overturn ball/strike calls during the first 10 days of spring training, winning 69.2% of challenges as teams prepared for its regular-season debut March 25.
Michael Misa scored 1:40 into overtime, and the San Jose Sharks topped the Winnipeg Jets 2-1 for their second straight win.
Luka Doncic had 26 points, eight assists and six rebounds, LeBron James added 22 points, nine assists and seven rebounds, and the Los Angeles Lakers ran away from the short-handed Golden State Warriors for a 129-101 win.
Shakir Mukhamadullin broke a tie midway through the third period and the San Jose Sharks snapped a five-game winless streak by beating the Edmonton Oilers 5-4.
Former Oakland police chief Floyd Mitchell has been appointed to lead the police department in the city of Fremont.
The California Highway Patrol arrested two drivers on Highway 101 in Sonoma County early Monday morning after they allegedly took part in a street race in which a third driver was filming.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Police in San Jose released body camera footage of a deadly shootout earlier this year involving a man suspected in a lengthy crime spree that included shootings with law enforcement, along with armed robberies and carjackings.
The man who opened fire in the deadly shooting also had photos of Iranian leaders in his home, a source said.
At the meeting, Waymo said there are about 70 dispatchers at a call center in the Philippines to assist cars in the company's global fleet that require human intervention. But on the night of Dec 20, they said the system was simply overwhelmed.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
President Trump said he will give federal agencies six months to phase out their use of Anthropic's AI products.
The 20-year-old plaintiff alleges that using YouTube and Instagram from a young age intensified her depression and led to suicidal thoughts.
Defense Secretary Pete Hegseth gave Anthropic until Friday at 5 p.m. to grant the military unresticted use of its AI technology.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
A Santa Clara County resident with measles may have exposed others while dining at a restaurant in Burlingame earlier this week, health officials said.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
San Francisco city departments have been told they will need to eliminate at least 500 budgeted positions, including some currently filled roles, as part of a sweeping effort to reduce a projected $400 million annual deficit.
Six American service members have been killed in the U.S.-Iran conflict, U.S. Central Command said.
Two sources familiar with the U.S. military's use of artificial intelligence confirm that the U.S. used Anthropic's Claude AI model over weekend for the attack on Iran — and is still using it.
Israel sent troops into Lebanon as the U.S.-Israeli war with Iran widened, and some of Iran's Gulf neighbors warned that Iran's retaliatory fire could draw them into the spreading conflict.
One of the people at the rally said she believes going to war with Iran could continue to exacerbate socio-economic issues here in the United States.
A Yosemite park ranger was fired last year after helping to display a transgender pride flag from El Capitan.
After more than two years of renovations, the historic Castro Theatre is back open for business.
A large Pride flag has been removed from the Stonewall National Monument in Greenwich Village. The National Park Service said it did so under guidance from the federal government.
The billionaire and philanthropist MacKenzie Scott donated $45 million to The Trevor Project, a nonprofit focused on suicide prevention and advocacy for LGBTQ young people.
Oasis nightclub announced plans to close six months ago. New Year's Eve was slated for the final performance. A last-minute, multi-million dollar donation turned the final curtain call into an encore performance.
Organizers of the annual Outside Lands Music Festival at Golden Gate Park in San Francisco announced the lineup for the upcoming 2026 event.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
It's been a perfect season in more ways than one for Cal State East Bay guards Tyree and Amare Campbell (3-3-26)
Residents of an apartment complex in the South Bay have been displaced following a fire that began in a carport Monday afternoon, firefighters said.
On Tuesday, expect coastal areas to remain cloudy, with highs in the 60s. Meanwhile, inland areas will be clear, with highs around 70. Later this week, expect increasing winds. Jessica Burch has the forecast.
Amanda Hari reports on two protests in the Bay Area. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Kenny Choi reports on a woman who says growing up in Iran solidified her support for U.S. intervention. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.