Electric vehicle prices are tumbling. Here's the financial impact.
The average price of a new EV was $56,648 last month, down 15% from two years prior, according to Kelley Blue Book.
Automakers
Tesla recalls Cybertruck over faulty windshield wipers, loose trim pieces
Tesla has recalled the stainless steel-clad Cybertruck four times since it went on sale November 30.
Tesla stock falls 5% as quarterly sales drop
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
Car insurance rates jump 26% across the U.S. in 2024, report shows
Auto insurance premiums have risen in most U.S. states, taking a larger percentage out of drivers' paychecks each month.
Key points in UAW's deal with automakers
A tentative agreement between the United Auto Workers and General Motors will still need the approval from the union's national council and a majority of its members, but an approval likely would mean employees will return to work at some point in November. Brian Rothenberg, a former UAW spokesperson and a partner at Triumph Communications, joins CBS News to discuss some of the key points in the deal.
UAW reaches tentative contract agreements
The United Auto Workers reached a tentative agreement on a new labor contract with General Motors, a move that could end the union's six-week strike. CBS News senior transportation correspondent Kris Van Cleave has the latest.
GM to add EV battery plants to UAW contract
General Motors agreed Friday to include electric vehicle battery production in its new contract with the United Auto Workers union. CBS Detroit reporter Terell Bailey has more.
UAW president says strike "is working"
United Auto Workers President Shawn Fain said Friday that the union's strike against Detroit's Big Three automakers "is working" but "we're not there yet." Fain said the union has made "significant progress" in its contract negotiations with General Motors, Ford and Stellantis since the strike began three weeks ago.
Signs of progress as UAW and Detroit automakers continue "active talks"
United Auto Workers strike is costing the automotive industry billions of dollars, but negotiations may have turned a corner.
UAW threatens to expand strike again Friday
The United Auto Workers union could expand its strike against Detroit automakers on Friday, with the decision hinging on whether negotiators are able to make significant progress on getting its union members new contracts. Neal Boudette, an auto reporter for the New York Times, joined CBS News to discuss how talks are going.
Watch: Biden joins UAW picket line
President Biden on Tuesday joined the picket line alongside United Auto Workers union members in Michigan, taking up a megaphone as he encouraged workers holding the line. The president urged workers to "stick with it," saying they deserve a "significant" raise and other benefits as the strike has stretched on for 12 days. Former UAW spokesperson Brian Rothenberg joined CBS News to comment on Biden's remarks.
Biden response to UAW strike under scrutiny
President Biden is scheduled to join striking autoworkers in Michigan on the picket line Tuesday, but the move comes after he faced criticism for his initial response to the UAW strike. CBS News chief Washington correspondent Major Garrett has more.
UAW widening strike against GM and Stellantis
United Auto Workers chief Shawn Fain said the strike would expand to 38 GM and Stellantis parts distribution centers, but highlighted progress with Ford.
How 2024 hopefuls are approaching UAW strike
The United Auto Workers strike against the Big Three automakers in Detroit entered its sixth day on Wednesday with no signs of a breakthrough. CBS News chief election and campaign correspondent Robert Costa gives an update on the ongoing negotiations and takes a look at how President Biden -- and other 2024 presidential hopefuls like former President Donald Trump -- are responding.
GM CEO defends position amid UAW strike
General Motors CEO Mary Barra joins "CBS Mornings" to discuss the United Auto Workers strike. The union, representing 146,000 workers, did not reach a deal with Detroit's Big Three automakers, leading to the first strike against all three companies in the UAW's 88-year history.
9/15: CBS News Mornings
United Auto Workers on strike; FBI investigating MGM Resorts cybersecurity issue.
Striking UAW auto workers want a 4-day workweek
United Auto Workers – the union that represents workers at the Big Three automakers in Detroit – went on strike overnight.
United Auto Workers union nears possible strike
Contract negotiators for the United Auto Workers union and three major automobile manufacturers have just one week left to avoid a possible strike. Jordyn Grzelewski, autos and business reporter for Detroit News, joins CBS News to discuss what led to the situation.
Carmakers doing little to protect data vehicles collect, study shows
"Cars seem to have really flown under the privacy radar and I'm really hoping that we can help remedy that because they are truly awful," the study's head said.
Matt Gaetz withdraws as attorney general nominee
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Russia hits back after Ukraine's strike using U.S. long-range missiles
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
Actor Jussie Smollett's conviction overturned by Illinois Supreme Court
The state's highest court ruled a special prosecutor's decision to re-indict Smollett violated his constitutional rights after Cook County prosecutors previously dropped charges against him.
Here's where Elon Musk says his DOGE will aim to cut federal spending
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
Police report details woman's allegations against Pete Hegseth
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly-released police report. He is now President-elect Trump's choice for defense secretary.
What do Cabinet members do? Here are the expectations for each role
These are the president's top advisers and the highest-ranked U.S. officials. Here's what they do — and some issues they're likely to face if confirmed by the Senate.
Mexican cartel leader who faked own death arrested in California
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
Which Thanksgiving foods can go through airport security?
As record travelers prepare to fly for Thanksgiving, here's what to know about transporting food through TSA checkpoints.
Why the latest bird flu case has experts worried about pandemic potential
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
U.S.
More U.S.
What do Cabinet members do? Here are the expectations for each role
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
Mexican cartel leader who faked own death arrested in California
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
BJ's Wholesale Club hikes membership fees for first time since 2018
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Matt Gaetz withdraws as attorney general nominee
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
MoneyWatch
More MoneyWatch
BJ's Wholesale Club hikes membership fees for first time since 2018
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Here's where Elon Musk says his DOGE will aim to cut federal spending
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
McDonald's to serve up a McValue offering in 2025. Here's what it includes.
McDonald's wants to make dining at its restaurants affordable for customers again with new value offerings.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Politics
More Politics
What do Cabinet members do? Here are the expectations for each role
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
Matt Gaetz withdraws as attorney general nominee
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Here's where Elon Musk says his DOGE will aim to cut federal spending
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
Alabama set to carry out nation's third nitrogen gas execution
An Alabama prisoner convicted of the 1994 murder of a female hitchhiker is slated Thursday to become the third person executed in the U.S., and Alabama, by nitrogen gas.
Police report details woman's allegations against Pete Hegseth
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly released police report. He is now President-elect Trump's choice for defense secretary.
HealthWatch
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Why the latest bird flu case has experts worried about pandemic potential
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
New cases of bird flu in U.S.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the latest on bird flu as new cases raise alarms among health officials. There have been 53 confirmed human cases across seven states this year. Health officials in California are reporting a possible case in a child who had no known contact with an infected animal.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
McDonald's pulls espresso drinks from some U.S. menus
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
Florida Gov. DeSantis' Canadian drug import plan goes nowhere after FDA approval
Florida sued the FDA over what it said was a "reckless delay" in approving its drug importation plan. Now, nearly a year after the FDA gave the state the green light, the program has yet to begin.
World
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Iceland volcano flares marking region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
Ancient amulet showing biblical king spearing devil is unearthed
The amulet was found during an ongoing excavation project in Hadrianopolis, an ancient city near Karabük, Turkey.
U.N. court ICC issues arrest warrants for Netanyahu and a Hamas leader
The leaders are accused of crimes against humanity and war crimes over the war in Gaza and the Oct. 7 Hamas attack on Israel.
Russia hits back after Ukraine's strike using U.S. long-range missiles
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
American among 4 tourists dead after drinking tainted booze in Laos
The American died in the tourist town of Vang Vieng, Laos, the State Department confirmed.
Entertainment
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Connie Nielsen on returning to "Gladiator" after 24 years
Connie Nielsen opens up about returning as Lucilla in "Gladiator II," reuniting with director Ridley Scott and exploring her character's emotional journey.
Shelby Lynne on how personal struggles and friendships impacted her music
Singer-songwriter Shelby Lynne opens up about her new album and how her friendships helped save her when she thought her recording career could be over.
Malcolm Washington on "The Piano Lesson"
Making his feature directorial debut, Malcolm Washington brings August Wilson's Pulitzer-winning play to the screen with help from his father, Denzel Washington and siblings John David and Katia
Connie Nielsen on returning to "Gladiator"
Ahead of the sequel's release, Connie Nielsen joins "CBS Mornings" to talk about stepping back into the world of Ridley Scott's epic saga and her character's emotional journey.
Shelby Lynne on her journey and new album
After overcoming years of personal struggles, Grammy winner Shelby Lynne is back with her first album in years. She tells Anthony Mason why her return to recording came as a surprise, even to her.
Technology
More Technology
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
How AI powered robots are helping small farms
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.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
Deepfakes of Elon Musk contribute to billions in fraud losses
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Science
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How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
Carcass of massive endangered whale washes ashore in Alaska
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Energy Secretary Granholm on Trump presidency
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Crime
More Crime
Mexican cartel leader who faked own death arrested in California
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
Alleged New York Stock Exchange terror plot
The FBI has arrested a Florida man who's accused of plotting to bomb the New York Stock Exchange. CBS News New York reporter Allen Devlin has more.
Dad of 14-year-old accused in Georgia school shooting pleads not guilty
Colin Gray and his son, Colt Gray, were both indicted in the Sept. 4 shooting that killed two students and two teachers and injured others.
Man found guilty for Laken Riley murder
A judge on Wednesday found Jose Ibarra guilty on all 10 counts in the murder of University of Georgia student Laken Riley. Ibarra was sentenced to life in prison without the possibility of parole.
Capitol rioter with "kill list" convicted of plot to murder FBI agents
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
Space
More Space
Space
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
When you can see the Beaver Moon, 2024's final supermoon
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Astronauts decline to answer questions about post-flight medical issue
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Russia responds to Ukraine missile use
Russia launched a barrage of missiles toward Ukraine as a response to Kyiv's use of American-made and supplied long-range missiles known as ATACMS. CBS News senior national security correspondent Charlie D'Agata has more on the worrying escalation.
Hegseth on sexual assault allegations
Pete Hegseth, President-elect Donald Trump's pick for secretary of defense, is responding to a sexual assault allegation detailed in a 2017 California police report. CBS News Confirmed's Rhona Tarrant breaks down what's known about the alleged abuse.
Impact of Gaetz pick in foreign affairs
The role of the attorney general has serious implications on the world stage and in matters of national security. CBS News contributor Sam Vinograd breaks down the global reactions to Matt Gaetz's nomination by President-elect Donald Trump.
Tech, business reaction to Gaetz news
All eyes are on big tech and the business world as former Florida Rep. Matt Gaetz's announcement to withdraw from attorney general consideration reverberates across the U.S. CBS MoneyWatch correspondent Kelly O'Grady reports.
Gaetz withdraws, Hegseth report emerges
President-elect Donald Trump's pick for attorney general, former Florida Rep. Matt Gaetz, has withdrawn from consideration as the findings of a House ethics report on his conduct loomed before his confirmation. This comes as a police report emerges on alleged sexual assault by Pete Hegseth, Trump's pick for secretary of defense. Axios' Margaret Talev and CBS News' Nikole Killion and Fin Gómez report.