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.
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
Federal officers conducted an immigration operation inside a terminal at San Francisco International Airport Sunday night, officials confirmed.
A CBS News analysis of Los Angeles County hospice records found indications of fraud are growing. The House Oversight Committee is now investigating.
A San Jose man has been arrested on suspicion of murder after he allegedly shot his wife inside their home, police said.
A pilot has died following a small plane crash in the Lake Tahoe area backcountry over the weekend, authorities say.
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
Federal officers conducted an immigration operation inside a terminal at San Francisco International Airport Sunday night, officials confirmed.
A San Jose man has been arrested on suspicion of murder after he allegedly shot his wife inside their home, police said.
A pilot has died following a small plane crash in the Lake Tahoe area backcountry over the weekend, authorities say.
A statue of Christopher Columbus been placed on the grounds of the Eisenhower Executive Office Building adjacent to the White House.
Federal officers conducted an immigration operation inside a terminal at San Francisco International Airport Sunday night, officials confirmed.
A Chevron gas station in Menlo Park was empty on Sunday evening, with prices ranging from $7.49 to $7.89 per gallon.
At a Sunday morning ceremony, they unveiled a lasting tribute to former House Speaker Nancy Pelosi for delivering the funding to power its trains into the future.
On Saturday, a pilot and former prisoner of that war was remembered for the life he lived and what his eventual return, captured in an iconic photograph, symbolized for the nation.
Relatives of a family of four killed in a car crash in San Francisco are angry and disappointed by the sentence handed down to the driver on Friday afternoon.
A suspect was arrested after a man was found dead inside a Lafayette home on Saturday morning, police said.
An Oakland Fire Department dispatcher was honored on Friday in a ceremony where she met the parents of a baby she calmly helped deliver over the phone when the mother unexpectedly went into labor.
The Bay Area and Central Coast are expected to see one more day of record hot temperatures before relief arrives, as an unprecedented March heat wave entered its fifth day on Friday.
The second of two rescued tigers being cared for at the Oakland Zoo was euthanized after it was recently diagnosed with cancer, the zoo announced.
Voters in Alameda County may decide on a proposal later this year that would raise the county's minimum wage to $30 an hour, nearly double the state's current minimum wage.
A San Jose man has been arrested on suspicion of murder after he allegedly shot his wife inside their home, police said.
A California Highway Patrol helicopter was brought in to rescue a hiker suffering from heat exhaustion at Big Sur over the weekend.
Emotions ran high at a contentious school board meeting Saturday as the San Jose Unified School District weighed a proposal to close five elementary schools at the end of the academic year.
A boy riding an electric bicycle in San Jose died of his injuries after crashing the bicycle, police said.
Santa Clara was seeking its first tournament win since 1996, when future NBA MVP Steve Nash was a senior.
Sonoma County sheriff's deputies have made an arrest after a woman died following an attack inside a mobile home near Santa Rosa Wednesday evening.
The county says once funding is completed, construction could begin as soon as this fall, with completion sometime in 2028.
Marcus Ziemer, part of a Bay Area soccer coaching dynasty and longtime Sonoma State University men's soccer team head coach, died in Germany after a weekend accident.
In downtown Santa Rosa, shady spots with a place to sit and rest were commodities. But it was a quiet day for many businesses.
The driver of a vehicle that entered the water near the Sausalito Yacht Harbor was pronounced dead after being taken to the hospital.
It was a packed house at Sutter Health Park for the fifth battle between the Sacramento River Cats and the San Francisco Giants.
Stephen Curry will begin participating in full team practices in the coming days as he works back from a right knee injury that forced the Golden State Warriors star to miss his 21st straight game at Atlanta.
Stephen Curry will begin participating in full team practices in the coming days as he works back from a right knee injury that forced the Golden State Warriors star to miss his 21st straight game at Atlanta.
Christian Dvorak scored a tiebreaking goal early in the third period and added an assist, Dan Vladar made 24 saves and the Philadelphia Flyers beat the San Jose Sharks 4-1 to complete a three-game West Coast sweep.
Jalen Duren scored 23 points as the Detroit Pistons beat the Golden State Warriors 115-101 in a game missing two of the NBA's biggest stars.
A San Jose man has been arrested on suspicion of murder after he allegedly shot his wife inside their home, police said.
A suspect was arrested after a man was found dead inside a Lafayette home on Saturday morning, police said.
Relatives of a family of four killed in a car crash in San Francisco are angry and disappointed by the sentence handed down to the driver on Friday afternoon.
The community of Foster City on the Peninsula announced that they have been hit by a cybersecurity breach and are planning to declare a state of emergency.
The failure to protect explicit case evidence in Denise Huskins' kidnapping and sexual assault case is driving reform at the State Capitol. New developments exposed a little-known gap in state law that could expose videos of sexual assault victims.
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
The community of Foster City on the Peninsula announced that they have been hit by a cybersecurity breach and are planning to declare a state of emergency.
A college student who survived a fiery crash involving a Tesla Cybertruck in the San Francisco Bay Area has sued the automaker, alleging the vehicle's design trapped the occupants inside.
A Bay Area gender gap in the tech industry threatens the full participation of women in the future of artificial intelligence.
The early-season heat wave gripping the Bay Area also means the allergy season is already kicking into high gear.
He advises people to lie down, extend their arms, and hold the phones above their heads, or people should hold their phone at eye level, rather than looking down.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The city said there was no evidence of community-spread or of an outbreak, and that the health advisory was issued to give health care providers guidance.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Federal officers conducted an immigration operation inside a terminal at San Francisco International Airport Sunday night, officials confirmed.
A CBS News analysis of Los Angeles County hospice records found indications of fraud are growing. The House Oversight Committee is now investigating.
A statue of Christopher Columbus been placed on the grounds of the Eisenhower Executive Office Building adjacent to the White House.
The Trump administration began deploying U.S. Immigration and Customs Enforcement agents to some of the busiest airports in the country Monday morning.
At a Sunday morning ceremony, they unveiled a lasting tribute to former House Speaker Nancy Pelosi for delivering the funding to power its trains into the future.
A man has been arrested and accused of a hate crime after a San Francisco church was vandalized over the weekend, police said.
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.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Illuminate, the nonprofit hosting the event, said founder Ben Davis, and the artist behind The Bay Lights, Leo Villareal, will be in attendance and speak ahead of the grand relighting.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
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.
Federal officers conducted an immigration operation inside a terminal at San Francisco International Airport Sunday night, airport officials confirmed.
Expect continued dry conditions Monday, with highs ranging from the 60s along the coast, to the low 80s inland. Jessica Burch has the forecast.
A Chevron gas station in Menlo Park was empty on Sunday evening, with prices ranging from $7.49 to $7.89 per gallon.
Here's a look at the weather forecast Sunday evening.
At Oakland International, there was not a lot of support from travelers for having immigration enforcement agents help with TSA staffing shortages.
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.