Tesla shareholders approve $46 billion pay package for CEO Elon Musk
The payout would be the biggest compensation package in U.S. corporate history. Is the billionaire and Tesla founder worth the money?
Watch CBS News
The payout would be the biggest compensation package in U.S. corporate history. Is the billionaire and Tesla founder worth the money?
Tesla has faced multiple recalls this year affecting millions of its vehicles, with the latest caused by a faulty hood latch
Tesla has recalled the stainless steel-clad Cybertruck four times since it went on sale November 30.
Tesla CEO Elon Musk says the electric vehicle company's shareholders are voting "by wide margins" to approve his multibillion-dollar pay package.
Seat belt reminders on four Tesla models may not work properly, requiring the electric automaker to issue software update.
The National Highway Traffic Safety Administration is investigating whether last year's recall of Tesla's Autopilot driving system did enough to make sure drivers pay attention to the road.
The MY 2024 Cybertrucks have faulty accelerator pedals that may be dislodged when high force is applied, the company said.
Tesla's stock price has tumbled 39% this year amid concerns about the electric vehicle maker's slowing growth.
"It must be done," Tesla CEO Elon Musk said in a memo about the layoffs sent to employees on Sunday.
Tesla accounted for 80% of electric vehicle sales in the U.S. in 2020, but that figure fell to 55% last year.
The Detroit Police Department is seeking the public's assistance as they search for a man who was caught on video throwing a brick into the window of a car and then setting it on fire.
Jeff Bezos has regained his spot as the richest person in the world, barely beating out now former No. 1 Elon Musk on the Bloomberg Billionaires Index.
Having advanced driver-assistance systems doesn't mean motorists get to zone out, Transportation Secretary says.
Warning lights on the Tesla vehicles are hard to read, raising the risk of a crash, according to traffic safety regulators.
Tesla said the backup cameras on some Y, S and X model vehicles can malfunction while the car is in reverse.
Tesla owners and people with other electric vehicles are finding that cold winter weather is impacting their EV battery.
Factory workers at Tesla have been told to expect pay raises this year.
In the first 11 months of 2023, 8.3 million units of new energy vehicles were sold, accounting for more than 30% of total car sales, according to data released last month by the China Association of Auto Manufacturers.
Steep price cuts helped electric vehicle maker Tesla Inc. increase its fourth-quarter vehicle sales by almost 20% as EV sales growth slowed across the industry.
Traffic safety watchdog says doors on some Model S and X vehicles can unlock in accidents, raising the risk of injury.
The defective system is supposed to ensure that drivers are paying attention when they use Autopilot.
Love it or hate it, but Tesla's first pickup truck sports a look like no other vehicle on the market today.
The "iPhone of robots" could soon work alongside humans in warehouses and manufacturing plants, according to electronics maker Apptronik.
Tesla Chief Financial Officer Zachary Kirkhorn has left the company after 13 years with the the electric vehicle and solar panel maker.
Electric pickup set to enter an increasingly competitive EV market, with Tesla battling rivals including Ford and GM.
A Chicago bus driver is out of a job after he was caught on camera with his hands off the wheel and his eyes glued to his cell phone.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
A Detroit man has been charged in connection with the assault of three women he dated within a year, according to the Wayne County Prosecutor's Office.
Fire Chief Joseph Murray says they had been in contact with the driver and are not aware of any injuries.
Attorney Bobby Raitt says he sent a letter to U of M and a fraternity close to where police found Mattson, telling them to preserve all evidence related to this case.
Fire Chief Joseph Murray says they were in contact with the driver and are not aware of any injuries.
An arctic cold front slips through the area as the clipper system that brought light snow Friday will drop temperatures dangerously low overnight.
A Chicago bus driver is out of a job after he was caught on camera with his hands off the wheel and his eyes glued to his cell phone.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
Music's biggest night returned Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Figure skaters Madison Chock and Evan Bates rock-and-rolled their way to a world-best 91.06 points in the rhythm dance Friday at the Milan Cortina Olympics.
A new push to pass a GOP elections bill known as the SAVE America Act is underway in Congress, but Democrats warn the proposal could disenfranchise millions of eligible voters.
Will Riley scored 20 points, Sharife Cooper added 18 and the Washington Wizards upset the Eastern Conference-leading Detroit Pistons 126-117 on Thursday night.
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
Legionella testing at Oakland County government facilities has detected the bacteria in the water systems of two additional buildings.
When the temperatures plummet, and the snow starts piling up, most of us have the same instinct: retreat indoors, crank up the heat, and get cozy.
Planned Parenthood of Michigan has started to offer vasectomy services in Grand Rapids, with plans to expand the procedure across the state.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
The 2026 Milano Cortina Winter Olympics are underway after the lighting of the Olympic cauldrons and the Parade of Nations at the opening ceremony.
Figure skaters Madison Chock and Evan Bates rock-and-rolled their way to a world-best 91.06 points in the rhythm dance Friday at the Milan Cortina Olympics.
Will Riley scored 20 points, Sharife Cooper added 18 and the Washington Wizards upset the Eastern Conference-leading Detroit Pistons 126-117 on Thursday night.
Los Angeles Rams quarterback Matthew Stafford was named the NFL MVP, just edging out four other candidates that included New England Patriots quarterback Drake Maye and Buffalo Bills quarterback Josh Allen, last year's MVP.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
The Monroe County Sheriff's Office is warning residents of a scammer claiming to be law enforcement and telling people they have outstanding warrants.
There has been outrage across the political spectrum after a video posted on President Trump's Truth Social account depicted former President Barack Obama and First Lady Michelle Obama as apes.
Wind chills drop through Saturday morning before warmer air arrives next week.
A driver has been rescued after a parking garage partially collapsed in Dearborn Friday night, according to authorities.
An attorney is investigating the death of 19-year-old University of Michigan sophomore Lucas Mattson, nearly two weeks after his body was found southeast of central campus following a 20-hour-long search.