Tesla offers rare year-end discounts on 2023 Models 3 and Y
"This is a sign of demand cracks and not a good sign for Tesla heading into the December year-end," one analyst said.
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"This is a sign of demand cracks and not a good sign for Tesla heading into the December year-end," one analyst said.
Elon Musk's efforts to shore up Twitter may now be costing Tesla. The automaker's stock is down almost 30% since he took over the social media company. His use of the social media platform to attack opponents is thrusting him into the political spotlight. Carter Evans reports.
Shareholders are increasingly airing their grievances about Musk's focus on Twitter and his decision to sell billions in Tesla stock.
Twitter's new owner falls down a rung in wealth rankings for the first time since overtaking Jeff Bezos in 2021.
Elon Musk is no longer the world's wealthiest man after losing more than $100 billion this year. CBS News anchor Vladimir Duthiers details the disarray across Musk's multiple companies this year and the investigations those companies are reportedly facing.
Electric vehicles' share of the market has doubled since 2021; experts estimate there will soon be 159 different EV models. But while Tesla makes up 65% of the U.S. EV market, their share has dropped steadily, with Ford and General Motors forecast to pass Tesla in market share by 2025. Correspondent Kris Van Cleave talks with auto industry expert Tim Stevens about the future of EVs.
Elon Musk, the man behind cutting-edge companies Tesla and SpaceX, recently bought Twitter for $44 billion. What followed has been a chaotic period for the social media platform, during which Musk has invited back some users who had previously been banned or otherwise restricted; fired employees en masse; and rolled back content moderation. To what end? Correspondent Luke Burbank talks with tech journalist Kara Swisher and cybersecurity expert Alex Stamos about Musk's impact on the company so far.
The delivery comes more than three years after Elon Musk said the company would start making the trucks.
Tesla's stock has fallen more than 50% in 2022, raising questions about the long-term future of the company. Edward Niedermeyer, author of "Ludicrous: The Unvarnished Story of Tesla Motors," discussed Elon Musk's leadership style at Tesla and Twitter.
Tesla said in documents posted Saturday a software glitch can make taillights go off intermittently, increasing the risk of a collision.
Elon Musk is giving employees at Twitter until 5 p.m. Eastern time on Thursday to decide whether to stay with the company and work "long hours at high intensity." Alex Barinka, social media reporter at Bloomberg, joins CBS News' Vladimir Duthiers and Anne-Marie Green on what could happen when the deadline hits.
Thousands of Twitter employees have been laid off as Elon Musk overhauls the company. First, CBS News' Carter Evans reports from Los Angeles. Then, Weijia Jiang speaks with Alistair Barr, global tech editor for Business Insider, about the major shake-up.
In January, Musk had an estimated worth of $304.2 billion, Forbes estimated.
In his second week at the helm of Twitter, Elon Musk had accounts impersonating him suspended and the site has tried to rehire employees who had been laid off the prior week. Mike Isaac, technology correspondent for The New York Times, joined CBS News' John Dickerson to examine Elon's tumultuous week.
Friday is the deadline for Elon Musk to sign his $44 billion deal to acquire Twitter. On Wednesday, Musk tweeted video of himself entering Twitter headquarters carrying a sink. Joining CBS News' Tanya Rivero and Lana Zak to discuss the latest is William Cohen, a financial journalist and founder at the online news site Puck.
Elon Musk reportedly plans on laying off roughly 75% of Twitter's employees if he is able to take over the company. Business Insider's Grace Kay joins CBS News to discuss the next steps for the acquisition ahead of an October 28th deadline.
Elon Musk has again changed his mind about buying Twitter and now wants to go through with the $44 billion purchase.
Elon Musk will answer questions from Tesla lawyers this week ahead of a trial that could determine whether the Tesla CEO has to go ahead with his $44 billion purchase of the social media platform. Vice President Kamala Harris is in Tokyo to attend a memorial service for slain former Prime Minister Shinzo Abe, and superstar Rihanna will headline the 2023 Super Bowl halftime show.
Tesla is recalling more than 1 million vehicles in the U.S., saying it found a problem with the automatic window reversal system, which stops windows from closing when an obstruction is detected.
President Biden announced plans to build electric vehicle chargers along 53,000 miles of national highways amid a push to get more drivers to make the move to electric. But some drivers have concerns. Carter Evans reports.
In a move to combat pollution in the state, California passed a law Thursday banning new gas-powered vehicles by 2035. It's a move mired with questions of affordability and feasibility among carmakers. Neal Boudette, an auto reporter with the New York Times, joined CBS News' Tanya Rivero and Tony Dokoupil to hash out the pros and cons of the new law.
Switching to an electric vehicle significantly reduces greenhouse gas emissions. But there's one thing that's preventing EVs from maximizing their planet-saving power.
As flash floods leave more than 30 people dead or missing in Qinghai province, heat and drought force car plants to close in Shanghai.
Some carmakers are beginning to crackdown on the practice.
Accidents point to a potential new hazard on U.S. freeways: Partially automated vehicles may not stop for motorcycles.