Job Cuts At Tesla, Musk Says Road Ahead Very Difficult
Saying the road ahead was "very difficult," Tesla's CEO Elon Musk said Friday that the company would be cutting its staff by about 7 percent.
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Saying the road ahead was "very difficult," Tesla's CEO Elon Musk said Friday that the company would be cutting its staff by about 7 percent.
Shares of Tesla Inc. tumbled Wednesday after the company cut vehicle prices and announced 4th quarter sales figures that fell short of Wall Street estimates.
Under federal law, buyers get the full credit until a manufacturer reaches 200,000 in sales since the start of 2010.
Tesla CEO Elon Musk settled a fraud suit with the Securities and Exchange Commission by agreeing to pay a $20 million fine and he will step down as chairman of Tesla's board in 45 days.
Tesla is dropping two of the seven standard colors it had offered to customers as it tries to streamline production.
Shares of Tesla slipped on the first day of trading after the electric vehicle maker said it won't consider going private after all.
Tesla CEO Elon Musk announced via Twitter on Tuesday that he is considering taking the electric car maker private, causing the company's stock to spike.
Tesla and SpaceX CEO Elon Musk has apologized for calling a British diver involved in the Thailand cave rescue a pedophile, saying he spoke in anger.
The husband of actress Mary McCormack was driving a Tesla Model S in Los Angeles traffic last week when the vehicle caught fire, she tweeted Friday night.
A driver was lucky to escape injury after colliding with a bear that wandered onto an Oregon highway.
Last week, Elon Musk showed "CBS This Morning" co-host Gayle King the couch he sleeps on when he works late at his Tesla Model 3 factory. The internet was not pleased with the piece of furniture.
Electric car maker Tesla increased the production of its Model 3 mass-market car in the first quarter, but still fell far short of the numbers that it had promised last summer.
Tesla says a vehicle involved in a deadly crash last week was operating on its "Autopilot" system, making it the latest accident to involve self-driving technology.
Tesla is nearing a milestone level of sales that will result in the loss of a $7,500 federal tax credit aimed at encouraging Americans to buy electric cars.
SpaceX's big new rocket blasted off Tuesday on its first test flight, carrying a red electric sports car aiming for an endless road trip past Mars.
It's almost showtime for SpaceX's big new rocket with a cherry-red sports car on top. The Falcon Heavy rocket is poised to blast off this afternoon.
U.S. safety regulators have released models from 14 different automakers that are being recalled to replace potentially deadly Takata air bag inflators.
After more than a decade of making cars and SUVs — and, more recently, solar panels — Tesla Inc. wants to electrify a new type of vehicle: big trucks.
A dozen Cadillac CT6 sedans left the brand's New York headquarters on Monday, as cars with the Super Cruise system start arriving at dealerships. Cadillac calls Super Cruise the first hands-free driver-assist system for freeways.
Tesla is rolling out more charging stations, clearing additional obstacles for those who might want to give electric cars a try.
Tesla is raising $1.5 billion as it ramps up production of the Model 3 sedan, its first mass market electric car.
Tesla's newest vehicle is set to reach its first 30 customers on Friday evening. The Model 3 could finally make Tesla profitable. Or, the mainstream vehicle could dash Tesla's dreams.
Tech titans Mark Zuckerberg and Elon Musk recently slugged it out over the possible threat that artificial intelligence might one day pose to the human race, but you could be forgiven if you don't think this is a pressing question.
Electric car maker Tesla is expanding its service operations and hiring more than 1,000 technicians to meet the expected demand for its new Model 3 sedan, which goes on sale this month.
Tesla's shares are shaping up to possibly have their worst week of the year so far as lower-than-expected production, increased competition and a review from an industry group weigh on the electric car maker.
DPD didn't say how many officers were involved or what their conditions were.
The bug forages grasses and causes "pasture dieback," which leaves patches of yellowing, weakened and dead turf.
The council approved the zoning change for the site at LBJ and Hillcrest by a 14-1 vote.
The vote passed just before midnight to close Bransford and Dove Elementary schools.
While it may be a cold start, temperatures rise up into the mid-60s by this afternoon, with some western counties reaching the lower 70s.
DPD didn't say how many officers were involved or what their conditions were.
The bug forages grasses and causes "pasture dieback," which leaves patches of yellowing, weakened and dead turf.
The council approved the zoning change for the site at LBJ and Hillcrest by a 14-1 vote.
The vote passed just before midnight to close Bransford and Dove Elementary schools.
While it may be a cold start, temperatures rise up into the mid-60s by this afternoon, with some western counties reaching the lower 70s.
A North Texas couple tracked their stolen airport luggage across Dallas using an AirTag — only to learn police couldn't act on the data alone.
Nearly every day, hundreds of thousands of Texas students board a school bus.
Outdoor sirens are meant to warn Texans of tornadoes and floods. This summer's deadly flooding in Kerr County exposed how vulnerable many communities are, with sirens broken, outdated or missing.
It took Azellia Thompkins nearly a year to watch the video of her attempted suicide in the Scurry County jail. Now, she's hoping others will watch it.
The average wait for a bed in a maximum-security psychiatric facility in Texas is over eight months.
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.
The Trump administration is adding another militarized zone to the southern U.S. border to support border security operations — this time in California, officials say.
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."
A federal judge in New York has granted a request from the Justice Department to unseal more files related to convicted sex offender Jeffrey Epstein.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
Last year, over 16 million vehicles drove on North Texas toll roads without paying, accumulating more than $69 million in unpaid tolls.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
The holiday season can mean festive lights, shopping for your children's gifts, and more time using technology.
A group of North Texas women has been working hard to preserve a style of dancing that had its heyday in the early part of the 20th century.
It's called H3N1, and it can not only cause more severe illness in older adults, but it's also proving to be resistant to flu vaccines.
A North Texas man serves the community as a full-time Crowley police officer; however, that young officer is the one who needs help after he received a life-threatening diagnosis over the summer.
The toolkit includes tips for caretakers and applies to anyone with dementia.
Smith and other Main Street businesses complained to Frisco about the impact on business.
Rodeo Dallas, a popular but controversial Deep Ellum nightclub, is getting back in the saddle. In Uptown.
"This is a Texas-sized investment in the future of our great state," Texas Gov. Greg Abbott said in a statement.
American Airlines has announced plans to cut management and support roles, mainly at its headquarters in North Texas.
President Donald Trump's plan to cut record beef prices by importing more meat from Argentina is running into heated opposition from U.S. ranchers.
The 21-year-old center only appeared in seven games this season, averaging 4 points and 5 rebounds.
North Texas got more good news today for those excited about next year's World Cup.
CBS News Texas will stream the 2025 BMW Dallas Marathon Festival on CBSNewsTexas.com, the CBS News app and Pluto TV.
The toy drive, benefitting Mission Arlington-Mission Metroplex, will take place at Globe Life Field in Arlington on Dec. 9 from 4 p.m. to 7 p.m.
Mikko Rantanen's final-round score was the only goal of the shootout and Jake Oettinger made 27 saves as the Dallas Stars beat the Pittsburgh Penguins 3-2 on Sunday night.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
