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.
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Bam Adebayo scored 83 points, the second-most in a game in NBA history, and set records for most free throws taken and made on Tuesday.
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Shawn Harris and Clayton Fuller advance to a runoff election to fill Marjorie Taylor Greene's seat.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
Officials say a large tornado south of Chicago downed trees and power lines and overwhelmed the 911 center with emergency calls.
Bam Adebayo scored 83 points, the second-most in a game in NBA history, and set records for most free throws taken and made on Tuesday.
Former Capitol Police Officer Harry Dunn and D.C. Police Officer Danny Hodges argue the installation of a commemorative Jan. 6 plaque in a low-visibility spot in the U.S. Capitol violates the law.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
Shortly after all JetBlue flights were grounded by the FAA due to what the agency said was a JetBlue request, the carrier said it had resumed operations.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Trump-backed Clayton Fuller and Shawn Harris advance to a runoff election to fill Marjorie Taylor Greene's seat.
Former Capitol Police Officer Harry Dunn and D.C. Police Officer Danny Hodges argue the installation of a commemorative Jan. 6 plaque in a low-visibility spot in the U.S. Capitol violates the law.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Voters in northwest Georgia headed to the polls all day to have their say in who will replace Marjorie Taylor Greene in Congress.
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
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.
Australian officials say six of seven members of the Iranian women's soccer team who were granted asylum are staying but the seventh has changed her mind and will return home.
Police are investigating after a fire on a regional bus in Kerzers, west of Switzerland's capital, killed at least six people.
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
When it comes to European Union territory, you can't go much further east than Cyprus. So far east, in fact, that it's within reach of Iran's weapons.
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.
American tap dancer Brenda Bufalino talks to CBS News chief medical correspondent Jon LaPook about the many ebbs and flows of the art form and reflects on her career.
Michelle Pfeiffer talks with "CBS Mornings" about starring alongside Kurt Russell in "The Madison." She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
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.
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
David Pogue, author of "Apple: The First 50 Years," talks with Apple's co-founder Steve Wozniak, CEO Tim Cook, and others about the vision of Steve Jobs, and how the company's products and services have reshaped life, technology and culture in the 21st century.
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.
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
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.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
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.
With oil exports through the Strait of Hormuz halted, the International Energy Agency is meeting with G7 countries about whether they should tap their strategic petroleum reserves. CBS News reporter Kati Weis is following the debate.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing. Adam Yamaguchi reports.
A woman accused of firing multiple high-powered rounds from an assault rifle at the home of Rihanna appeared in court Tuesday, initially entering a not guilty plea before withdrawing it. The arraignment was eventually postponed. Carter Evans reports.
War continues in Iran as Defense Secretary Pete Hegseth promises "most intense day of strikes"; costs of war's first days revealed.
Five members of the Iranian national women's soccer team sought asylum in Australia after refusing to sing Iran's national anthem before a match. Elizabeth Palmer has details.