Musk sells more than $5 billion in Tesla stock after Twitter poll
The sales amount to about 3% of Musk's stake in the company. Some analysts say he made the move to cover tax obligations.
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The sales amount to about 3% of Musk's stake in the company. Some analysts say he made the move to cover tax obligations.
Shares of the electric vehicle maker surged in their market debut, valuing the company at nearly $100 billion.
Elon Musk said he would abide by the results of the social media poll. Tesla shares slumped in early trading.
Tesla's stock price fell 4% after CEO Musk tweeted that a reported deal to sell 100,000 cars to Hertz has not been finalized.
Last week, the director of the United Nation's World Food Programme said if the world's top billionaires just donated a fraction of their wealth, millions of people who are at risk of starving to death can be saved. Elon Musk has responded.
The car rental service is spending billions on Tesla's Model 3 vehicles, just months after leaving bankruptcy.
Residents of a dead-end street in San Francisco have seen an influx of Waymo autonomous cars turning around on their block day and night. Wilson Walker of CBS San Francisco station KPIX has the story.
CEO Elon Musk stressed that the electric carmaker would keep a large presence in California but pointed to trends state leaders also worry about, such as a lack of affordable housing.
In 2013 there was a 47 percent jump in the number of home solar installations in the U.S., and by the end of the year more than 400,000 American homes had solar power. Don Dahler meets one man who uses imagination to help power the change.
The U.S. government has opened a formal investigation into Tesla's Autopilot system after a series of collisions with parked emergency vehicles. CBS News congressional correspondent Kris Van Cleave has more.
"In the future, physical work will be a choice," he said.
Elon Musk said that Tesla is building a humanoid robot. The prototype is expected to be ready next year. Musk said he hopes that one day, the bot will be able to do "repetitive and boring" jobs, like picking up groceries.
The U.S. government regulators have opened a formal investigation into Tesla's Autopilot partially-automated driving system after a series of collisions with parked emergency vehicles. CBSN's Tanya Rivero reports.
A new book explores how Elon Musk's electric car company Tesla has changed the automotive industry. Tim Higgins, author of "Power Play: Tesla, Elon Musk, and the Bet of a Century," joined CBSN to discuss how Tesla combined a vision of Silicon Valley with the "harsh reality of Detroit."
Prices of bitcoin and other cryptos plunged after Tesla CEO reversed decision to accept digital currency as payment.
Customers will no longer be able to buy their Teslas in Bitcoin after Elon Musk announced Wednesday the company will stop accepting the cryptocurrency because of its environmental toll. Errol Barnett explains.
A 2019 study concluded that the entire Bitcoin network was responsible for up to 22.9 million tons of CO2 per year.
President Trump called out tweets sent by Tesla founder Elon Musk about the car industry during the announcement about new tariffs.
A CBS News investigation found that children are mining cobalt, an expensive metal used in batteries that power smartphones and electric cars. Foreign affairs columnist Bobby Ghosh speaks to CBSN about what companies like Apple and Tesla are trying to do to clean up their supply chains.
We watched in awe last week as SpaceX launched a Tesla Roadster into deep space. The Roadster can still be seen through powerful telescopes as a tiny speck drifting across the sky. It escaped the pull of Earth's gravity Sunday. CBS News' Manuel Bojorquez reports.
Billionaire Elon Musk launched his $250,000 Tesla sports car into space Tuesday. The launch created a mesmerizing sight for viewers, but is raising questions about if Musk is the first interplanetary litterbug. Derrick Pitts, chief astronomer and planetarium director for Philadelphia's Franklin Institute, speaks to CBSN about what space junk is and the dangers it poses.
The SpaceX founder and CEO held a press conference hours after the Falcon Heavy successfully launched from Kennedy Space Center on Tuesday. Watch his remarks here.
SpaceX's Falcon Heavy, the world's most powerful rocket, thundered to life Tuesday and shot away from Florida on the power of 27 engines and nearly 5 million pounds of thrust, kicking off a spectacular maiden flight to send founder Elon Musk's cherry red Tesla Roadster on a "just for fun" journey beyond the orbit of Mars.
SpaceX founder Elon Musk is planning to launch his Tesla Roadster into space Tuesday. CBS News space consultant Bill Harwood joins CBSN to chat about the Falcon Heavy launch -- which will feature the most powerful rocket since Saturn V, which last flew in 1973.
A new SpaceX rocket blasting off on its long-awaited maiden flight this Tuesday -- the Falcon Heavy -- promises to put on a spectacular show as the world's most powerful booster climbs away from the Kennedy Space Center's historic pad 39A atop nearly 5 million pounds of thrust from 27 engines, nine in each of three core stages.
Documents and images show luxury purchases and wire transfers to China and East Africa.
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.
The Senate is set to vote Thursday on competing measures to lower health care costs, but both parties' bills are expected to fail. Follow live updates here.
Prosecutors have charged Tyler Robinson with aggravated murder in the Sept. 10 shooting of conservative activist Charlie Kirk. They plan to seek the death penalty.
Survivors of Jeffrey Epstein's sex crimes and a group of Democrats are asking for a review of the Epstein case files to determine whether the records have been "tampered" with or concealed, ahead of a release by next week.
The U.S. seized a 20-year-old oil tanker called The Skipper off the coast of Venezuela on Wednesday, three sources told CBS News. Here's what we know about the boat and the operation.
Heavy rain has triggered flooding, rescues and road closures in Washington state, with Gov. Bob Ferguson declaring a statewide emergency.
Disney said on Thursday it will make a $1 billion equity investment in OpenAI under a new partnership with the Sora and ChatGPT developer.
Erika Kirk has a message for people who sought to justify the assassination of her late husband, Charlie Kirk.
An American special forces veteran led the operation to get María Corina Machado out of Venezuela: "The first Nobel Prize winner that we've ever rescued."
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.
Disney said on Thursday it will make a $1 billion equity investment in OpenAI under a new partnership with the Sora and ChatGPT developer.
Prosecutors have charged Tyler Robinson with aggravated murder in the Sept. 10 shooting of conservative activist Charlie Kirk. They plan to seek the death penalty.
The Senate is set to vote Thursday on competing measures to lower health care costs, but both parties' bills are expected to fail. Follow live updates here.
Disney said on Thursday it will make a $1 billion equity investment in OpenAI under a new partnership with the Sora and ChatGPT developer.
NHTSA said faulty software may cause Waymo vehicles to pass a stopped school bus even when its red lights are flashing or its stop arm is extended.
Federal prosecutors in New York moved to drop charges against former Fox employee Hernan Lopez and Full Play Group, an Argentine sports media rights company.
Here are the top 20 largest Powerball and Mega Millions jackpots in history, and the odds of winning them.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.
The Senate is set to vote Thursday on competing measures to lower health care costs, but both parties' bills are expected to fail. Follow live updates here.
Survivors of Jeffrey Epstein's sex crimes and a group of Democrats are asking for a review of the Epstein case files to determine whether the records have been "tampered" with or concealed, ahead of a release by next week.
The conservative firebrand, who is retiring from Congress early, and the president are engaged in bitter falling-out.
Miami Mayor-elect Eileen Higgins will be the city's first Democratic mayor in nearly three decades.
Health officials say an infant botulism outbreak tied to ByHeart baby formula has been expanded to include all illnesses reported since the company began production in 2022.
CBS News chief medical correspondent Dr. Jon LaPook speaks at length with former CDC director Dr. Rochelle Walensky about the hepatitis B vaccine and last week's vote by the CDC's vaccine advisory panel to change the recommendation for when children should get their first dose of the vaccine.
Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it promised for residents who were injured or died while in its care.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
An American special forces veteran led the operation to get María Corina Machado out of Venezuela: "The first Nobel Prize winner that we've ever rescued."
Police said they wanted to talk to four unidentified men, all wearing caps or hoodies, seen in the CCTV images carrying bags in the early hours.
María Corina Machado had been in hiding in Venezuela since January, when she was briefly detained after joining supporters in a protest in Caracas.
The U.S. seized a 20-year-old oil tanker called The Skipper off the coast of Venezuela on Wednesday, three sources told CBS News. Here's what we know about the boat and the operation.
President Trump said the U.S. has seized an oil tanker, which Attorney General Pam Bondi said has been "used to transport sanctioned oil from Venezuela and Iran."
The iconic movie "Waiting to Exhale," starring Angela Bassett, Whitney Houston, Loretta Devine and Lela Rochon premiered 30 years ago this month. The film, which had an all Black cast and focused on female empowerment, was a box office hit. "CBS Mornings" co-host Gayle King spoke with the stars of the film about the movie and what Houston would think.
Singer-songwriter Sombr is up for Best New Artist of the Year at the Grammy Awards. He was the only writer on his debut album, "I Barely Know Her." He spoke to Anthony Mason about where his journey began and his whirlwind year.
Grammy-winning country music superstar Carly Pearce joins "CBS Mornings" to talk about her highly-anticipated fifth studio album, fans relating to the lyrics in her music and being vulnerable.
Five-time Grammy Award winner Joe Bonamassa may already hold the record for the most No. 1 albums on the Billboard blues albums chart with 29, but he has no plans to stop anytime soon. His upcoming album is a tribute to B.B. King and includes tracks from artists like Aloe Blacc and Eric Clapton. "CBS Mornings" gets a behind-the-scenes look.
Sophie Kinsella, whose real name was Madeleine Wickham, was diagnosed with aggressive brain cancer in 2022.
Disney said on Thursday it will make a $1 billion equity investment in OpenAI under a new partnership with the Sora and ChatGPT developer.
With the world's first social media ban for children and teenagers under 16 now in effect in Australia, its initial political architect reveals it was personally inspired by his wife, for their four children.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
For thousands of parents in 39 countries, including the U.S., the goal is simple: More time outdoors, and a childhood lived offline as much as possible.
Australia began enforcing a social media ban for kids under the age of 16. CBS News' Ramy Inocencio reports.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Police said they wanted to talk to four unidentified men, all wearing caps or hoodies, seen in the CCTV images carrying bags in the early hours.
Prosecutors have charged Tyler Robinson with aggravated murder in the Sept. 10 shooting of conservative activist Charlie Kirk. They plan to seek the death penalty.
Documents and images show luxury purchases and wire transfers to China and East Africa.
Arrests across the U.S. have dropped by 25% compared to the onset of the pandemic in 2019, an analysis by the Council on Criminal Justice released Tuesday found.
Officials warn that more unserialized, untraceable ghost guns found on New York City's streets could soon spread to other areas across the U.S. CBS News' Anna Schecter has more.
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
Russian Soyuz crews are now spending eight months aboard the space station instead of six to stretch supplies and lower costs.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
The Senate is preparing to vote on dueling proposals to mitigate the impact of the Affordable Care Act tax subsidies expiring. CBS News' Taurean Small reports.
The Nicolás Maduro regime is reacting to a U.S. operation near Venezuela targeting an oil tanker. CBS News' Charlie D'Agata and Natalie Brand report.
The iconic movie "Waiting to Exhale," starring Angela Bassett, Whitney Houston, Loretta Devine and Lela Rochon premiered 30 years ago this month. The film, which had an all Black cast and focused on female empowerment, was a box office hit. "CBS Mornings" co-host Gayle King spoke with the stars of the film about the movie and what Houston would think.
A Maryland judge has ordered the Trump administration to immediately release Kilmar Abrego Garcia from ICE custody. Abrego Garcia was wrongfully deported to El Salvador and was later detained for potential deportation to another country. CBS News' Camilo Montoya-Galvez reports.
Following the death of her daughter, a mother turned her grief into action to help make button batteries harder for kids to access - but the law that passed didn't apply to toys. She tried to get the Consumer Product Safety Commission to apply the standard to toys, but the effort stalled over the summer. The agency has lost key leadership and staff, and now two former CPSC commissioners are issuing warnings to consumers.