Tesla cuts vehicle prices in bid to boost flagging demand
Slashed prices make some Tesla models eligible for a new federal tax credit that could help spur buyer interest.
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.
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.
Investigators say they "developed probable cause to believe this incident was an intentional act."
Electric car maker fell short of CEO Elon Musk's to boost vehicle shipments by 50% nearly every year.
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 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.
Elon Musk has built a reputation for changing the game by ignoring the rules, and his recent acquisition of Twitter is no different. Is the turbulent Twitter buyout just the next chapter in Elon Musk’s odds-defying story? CBS Reports peels back the layers on the high-stakes and high-rewards journey of one of the most polarizing and influential people of our time.
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.
Tesla said in documents posted Saturday a software glitch can make taillights go off intermittently, increasing the risk of a collision.
Elon Musk is giving employees at Twitter until 5 p.m. Eastern time on Thursday to decide whether to stay with the company and work "long hours at high intensity." Alex Barinka, social media reporter at Bloomberg, joins CBS News' Vladimir Duthiers and Anne-Marie Green on what could happen when the deadline hits.
In January, Musk had an estimated worth of $304.2 billion, Forbes estimated.
In his second week at the helm of Twitter, Elon Musk had accounts impersonating him suspended and the site has tried to rehire employees who had been laid off the prior week. Mike Isaac, technology correspondent for The New York Times, joined CBS News' John Dickerson to examine Elon's tumultuous week.
Thousands of Twitter employees have been laid off as Elon Musk overhauls the company. First, CBS News' Carter Evans reports from Los Angeles. Then, Weijia Jiang speaks with Alistair Barr, global tech editor for Business Insider, about the major shake-up.
Friday is the deadline for Elon Musk to sign his $44 billion deal to acquire Twitter. On Wednesday, Musk tweeted video of himself entering Twitter headquarters carrying a sink. Joining CBS News' Tanya Rivero and Lana Zak to discuss the latest is William Cohen, a financial journalist and founder at the online news site Puck.
Elon Musk reportedly plans on laying off roughly 75% of Twitter's employees if he is able to take over the company. Business Insider's Grace Kay joins CBS News to discuss the next steps for the acquisition ahead of an October 28th deadline.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
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.
The suit claims McMahon and others at the WWE were aware of misconduct decades ago and negligent in failing to prevent it.
A truck driver claims Israeli tanks and an Israeli drone watched as the aid convoy he was with was attacked in Gaza. But Israel's military says it is not responsible for protecting the aid.
Incumbent Sen. Bob Casey on Thursday conceded in the U.S. Senate race in Pennsylvania to Dave McCormick.
Sarah McBride, set to be the first transgender member of Congress, talked with CBS News' Scott MacFarlane and commented on the GOP's effort to restrict bathroom use.
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.
Haley said of Kennedy, Trump's pick to be HHS secretary, that he has no background in health care and accused Gabbard, tapped for DNI, of repeating "Russian talking points."
Former Fox News host Pete Hegseth was with Vice President-elect JD Vance on Capitol Hill on Thursday.
Shohei Ohtani becomes the second player named MVP in both the American and National leagues.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
Haley said of Kennedy, Trump's pick to be HHS secretary, that he has no background in health care and accused Gabbard, tapped for DNI, of repeating "Russian talking points."
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
A truck driver claims Israeli tanks and an Israeli drone watched as the aid convoy he was with was attacked in Gaza. But Israel's military says it is not responsible for protecting the aid.
Former Fox News host Pete Hegseth was with Vice President-elect JD Vance on Capitol Hill on Thursday.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
Haley said of Kennedy, Trump's pick to be HHS secretary, that he has no background in health care and accused Gabbard, tapped for DNI, of repeating "Russian talking points."
Incumbent Sen. Bob Casey on Thursday conceded in the U.S. Senate race in Pennsylvania to Dave McCormick.
Life expectancy in the United States varies by more than 20 years depending on race and ethnicity and where you live, according to new research.
Kennedy's team is weighing a significant rewrite of the FDA's rules.
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.
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.
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
A truck driver claims Israeli tanks and an Israeli drone watched as the aid convoy he was with was attacked in Gaza. But Israel's military says it is not responsible for protecting the aid.
Former president Jair Bolsonaro and 36 other people were indicted for allegedly attempting a coup to keep him in office after his defeat in the 2022 elections.
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.
The amulet was found during an ongoing excavation project in Hadrianopolis, an ancient city near Karabük, Turkey.
The leaders are accused of crimes against humanity and war crimes over the war in Gaza and the Oct. 7 Hamas attack on Israel.
Connie Nielsen opens up about returning as Lucilla in "Gladiator II," reuniting with director Ridley Scott and exploring her character's emotional journey.
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.
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
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.
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.
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
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.
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
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.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
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.
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.
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
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.
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.
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.
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
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.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
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.
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.
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
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.
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.
There's a major effort underway to bring more Black doctors into hospitals and examination rooms nationwide, and that effort is focused on easing the burden of medical school for students at historically Black colleges and universities. Jericka Duncan has more.
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
The American Farm Bureau Federation's annual survey found a difference between 2024 and 2023 Thanksgiving dinner prices. Business Insider senior personal finance reporter Jennifer Streaks discusses the cost changes and how to find meal deals.
Conspiracy theorist Alex Jones filed a lawsuit this week to try to block the sale of his right-wing company Infowars to satirical publisher The Onion. CBS News legal contributor Jessica Levinson breaks it down.
The Pentagon said Russia fired an experimental intermediate range ballistic missile at central Ukraine on Thursday. CBS News foreign correspondent Holly Williams reports.