Tesla's Model Y, other EVs now qualify for $7,500 tax credit
Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.
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Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.
On Friday, Elon Musk appeared on the witness stand in federal court in San Francisco, testifying in a trial brought by Tesla investors. They say Musk's tweets in 2018 may have crashed the stock price of Tesla, leaving shareholders holding the bag. Musk told the jury, "Just because I tweet something does not mean people believe it …" Correspondent John Blackstone has the story.
Automaker recently cut prices on popular models, leading to speculation that its sales are slowing.
Elon Musk continued his testimony in civil court in San Francisco in a lawsuit brought forth by Tesla shareholders over his 2018 tweet about the company going private. CBS News legal contributor Jessica Levinson joined Vladimir Duthiers and Anne-Marie Green to discuss the case.
Liar or visionary? Depends which side you ask at the trial over two August 2018 Musk tweets about taking the electric carmaker private.
Elon Musk and other Tesla directors are facing a shareholder lawsuit over a 2018 tweet, in which said he was considering taking Tesla private. Investors said the tweet cost them billions. The trial in the lawsuit got underway this week. Jill Fisch, a professor of business law at the University of Pennsylvania, joined CBS News to discuss the trial.
Head of Tesla autopilot said promo was staged and didn't represent car's actual driving capabilities, Reuters reported.
Elon Musk is facing a trial Tuesday over tweets he posted in 2018. Musk posted about a potential Tesla buyout that would have taken the company private, but that never happened, and the company's stock dropped. Seth Schachner, a managing director for Strat Americas, joined Vladimir Duthiers and Anne-Marie Green to discuss what it means for Musk, Tesla and if the case could set a precedent for company executives and what they post on social media.
Slashed prices make some Tesla models eligible for a new federal tax credit that could help spur buyer interest.
The driver of a Tesla that went off a cliff in Northern California has been arrested on suspicion of attempted murder and child abuse. First responders said it was a miracle that the driver, his wife and two children all survived the 250-foot fall without life-threatening injuries.
Investigators say they "developed probable cause to believe this incident was an intentional act."
Buffalo Bills safety Damar Hamlin remains in critical condition in the ICU. His uncle told reporters his nephew's heart stopped twice --once on the field and again in the hospital. The man who drove a Tesla off a California cliff is suspected of doing it on purpose and has been arrested for attempted murder and child abuse. And a new FDA rule widens the availability of abortion pills.
One day after four people in a Tesla survived a plunge near Devil's Slide off the San Mateo County coast, authorities have arrested the driver on suspicion of attempted murder and child abuse charges.
The car plummeted more than 250 feet down a cliff on the side of the Pacific Coast Highway near an area known as Devil's Slide that's known for fatal wrecks, officials said.
Electric car maker fell short of CEO Elon Musk's to boost vehicle shipments by 50% nearly every year.
Electric vehicle maker's valuation on Wall Street has plunged more than $800 billion this year.
"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.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Trump says he'll end the war soon, when he wants to, as Iran hits 3 ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
The Supreme Court ruled in February that the president lacks the authority to impose unilateral tariffs using an emergency powers law.
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
"I think, overall, what's accomplished is remarkable," Sen. John Fetterman told CBS News chief White House correspondent Major Garrett in an interview Wednesday.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
"The president is constantly critical on mail-in voting, and that's ridiculous," Democratic Sen. John Fetterman said Wednesday.
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
The Supreme Court ruled in February that the president lacks the authority to impose unilateral tariffs using an emergency powers law.
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
"The president is constantly critical on mail-in voting, and that's ridiculous," Democratic Sen. John Fetterman said Wednesday.
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
The Supreme Court ruled in February that the president lacks the authority to impose unilateral tariffs using an emergency powers law.
"I think, overall, what's accomplished is remarkable," Sen. John Fetterman told CBS News chief White House correspondent Major Garrett in an interview Wednesday.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
The discovery caused officials to evacuate 18,000 people on Wednesday, the largest such operation ever in the city, emergency services said.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
President Trump says he'll end the war soon, when he wants to, as Iran hits three ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
Oscar-nominated "Sinners" cinematographer Autumn Durald Arkapaw watches scenes from the film with Anthony Mason and breaks down how some of its most memorable moments were created. She also shares how her collaboration with director Ryan Coogler helped define the film's look.
Pop culture icon Flava Flav stopped by "CBS Mornings" to discuss his plans to celebrate women Olympic and Paralympic medalists from the 2026 Winter Games.
Kurt Russell, who stars in "The Madison," spoke to "CBS Mornings" about the series, explaining the script "was so familiar" and that he related to it. Russell praised creator Taylor Sheridan, who was also behind the popular series "Yellowstone," and discussed what it was like to work with Michelle Pfeiffer again decades later.
Watch scenes from the performances nominated for best actor at the 98th annual Academy Awards, as well as interviews with the nominees.
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
An explosion in artificial intelligence data centers and cloud computing is shrinking the supply of memory chips, which is having a major impact on the price consumers pay for everyday tech. CNET editor-in-chief David Katzmaier joins CBS News to discuss.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
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.
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
Officials are downplaying the risk of Iranian drone attacks against California after an FBI memo said the regime "allegedly aspired" to target the Golden State. CBS News homeland security correspondent Nicole Sganga reports. Then, former FBI Special Agent Jeff Harp joins with analysis.
A picture of an NYPD chief responding to the terror incident outside Mayor Zohran Mamdani's residence last week has gone viral. CBS News' Anna Schecter has more about what happened that day.
The family of a Georgia student charged in what investigators describe as a prank gone horribly wrong says they are grieving the tremendous loss to the community. CBS News correspondent Elaine Quijano has the latest.
Police in Washington, D.C., arrested a man after he crashed a car into a barricade near the White House on Wednesday morning. CBS News homeland security correspondent Nicole Sganga reports.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Sen. John Fetterman of Pennsylvania opened up about his battle with depression and credited his three children for saving him from his suicidal thoughts. "What broke me out of it was my own kids, and everyone needs that kind of an emergency brake," Fetterman told Major Garrett on "The Takeout."
An FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" is raising concerns, but how serious is the threat? Nicole Sganga explains.
Trump says there's "practically nothing left" to target on Day 12 of war in Iran; legislative blockade threatened over SAVE Act.
Two years after a Dallas family's dog disappeared, she was found 1,300 miles away in New Jersey. Tony Dokoupil has the story of how made her way back home.
Chief Aaron Edwards and Sgt. Luis Navarro of the NYPD are being hailed as heroes for the response to an attempted bomb attack during protests outside the New York City mayor's residence. Jericka Duncan talked with the officers about what was going through their minds as they sprang into action.