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GMSA at 9 a.m.

The KSAT 12 News Team provides a look at local, regional, statewide and national news events and the latest information on local traffic and weather issues.

An airport weather warning and a special weather statement in effect for Bexar and Victoria Regions

See the complete list

LIVE

GMSA at 9 a.m.

An airport weather warning and a special weather statement in effect for Bexar and Victoria Regions

TESLA


21 hours ago

Viral video shows woman asleep behind the wheel of a Tesla on California freeway

A driver encountered what appeared to be a woman sleeping behind the wheel of a Tesla that was traveling along a Southern California freeway. The viral video, which was recorded by Kiki Dolas, shows a woman in a pink top and sunglasses seemingly asleep behind the wheel of a Tesla sedan at around 4 p.m. on Thursday on the 15 Freeway near Temecula. This is a brand new Tesla.

news.yahoo.com
1 day ago

What will the future of cars be like? Video games may have the answer.

As the auto industry faces a digital, tech-heavy future, engineers and designers influenced by gaming are leading the way.

washingtonpost.com
1 day ago

Billionaire Tesla bull Ron Baron promised multiples on $100 million Twitter investment

Tesla CEO Elon Musk promised billionaire investor Ron Baron two to three times his money when Baron invested in Twitter's take-private deal, Baron said Tuesday.

cnbc.com
1 day ago

Billionaire Tesla bull Ron Baron says Musk suggested he would make multiples on his $100 million Twitter investment

Tesla CEO Elon Musk suggested billionaire investor Ron Baron would make "two or three times" his investment in Twitter's take-private deal, Baron said Tuesday.

cnbc.com
3 days ago

Tesla hikes price of Model Y after US alters tax credit rule

Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits.

Jury clears Musk of wrongdoing in Tesla tweets

A jury has decided Elon Musk didn't deceive investors with tweets in 2018. (Feb. 3) (AP video by Terry Chea)

news.yahoo.com

A jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets

The verdict by the nine jurors was reached after less than two hours of deliberation following a three-week trial and represents a major vindication for Musk.

npr.org

Jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets

Jurors found the Tesla CEO didn't mislead investors in claiming he had lined up funding to take the car company public.

cbsnews.com

Jury find Musk, Tesla not liable in securities fraud trial following 'funding secured' tweets

Tesla CEO Elon Musk was found not liable in a shareholder class action suit stemming from 2018 tweets in which he said he was considering taking Tesla private.

cnbc.com

Jury find Musk, Tesla not liable in securities fraud trial following 'funding secured' tweets

Tesla CEO Elon Musk was found not liable in a shareholder class action suit stemming from 2018 tweets in which he said he was considering taking Tesla private.

cnbc.com

Elon Musk found not liable in federal trial over “Funding secured” tweet

Musk sat for testimony in the case over three days last month. He argued that tweets are not necessarily comprehensive, and not all believe what he says.

washingtonpost.com

Tesla's Model Y and other EVs will now qualify for $7,500 tax credit, IRS says

Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.

cbsnews.com

Treasury makes more electric SUVs eligible for tax credits

The Treasury Department said Friday it is making more electric vehicles — including SUVs made by Tesla, Ford and General Motors — eligible for tax credits of up to $7,500 under new vehicle classification definitions.

Jury: Musk didn't defraud investors with 2018 Tesla tweets

A jury has decided Elon Musk didn’t defraud investors with tweets in 2018.

Biden administration expands EV tax credits in boost for Tesla, Cadillac, others

The EV tax credit change follows Tesla CEO Elon Musk publicly criticizing the former standards as well as GM and Ford lobbying to adjust the guidelines.

cnbc.com

Bill Gates says Elon Musk's ambition to colonize Mars is not a good use of money

In an interview with the BBC, Microsoft co-founder Bill Gates questioned whether Musk's vision of colonizing Mars was a good use of money.

cnbc.com

Chinese Tesla rival Xpeng launches flagship EVs in Europe in international push

Xpeng, a Chinese electric vehicle startup, launched its P7 sedan and its G9 sports utility vehicle (SUV) in Denmark, Norway, the Netherlands and Sweden.

cnbc.com

Bill Gates said he'd rather fund vaccines to 'save lives' than go to Mars, but he thinks someday Elon Musk will be a 'great philanthropist'

"You can buy measles vaccines and save lives for $1,000 per life," Bill Gates told the BBC, adding Elon Musk has had a positive impact through Tesla.

news.yahoo.com

Stocks making the biggest moves premarket: Meta, Align Technology, FedEx, Honeywell and more

These are the stocks posting the largest moves in premarket trading.

cnbc.com

Jet-powered Ferrari could take on Tesla's 'flying' Roadster

Ferrari has received a patent for a "pulsejet" system that uses compressed air to improve the acceleration, braking and cornering performance of a sports car.

foxnews.com

Tesla slashed its prices across the board. We're now starting to see the consequences

Tesla's recent price cuts continue to reverberate, forcing Ford to follow suit while leaving Tesla owners feeling aggrieved. Here's how the move by the market leader has shaken the car industry.

npr.org

Ex-aide says Elon Musk had 'handshake deal' for Tesla buyout

Elon Musk’s former chief of staff has testified that the billionaire believed he had a “handshake deal” to take Tesla private in 2018.

Ex-aide says Elon Musk had 'handshake deal' for Tesla buyout

Elon Musk's former chief of staff on Wednesday testified that the billionaire believed he had a “handshake deal" to take Tesla private in 2018 shortly before he tweeted he had the financing for an aborted buyout that is still haunting him in a high-profile trial. Sam Teller, who worked closely Musk from 2014 to 2019, detailed a series of meetings that his former boss held with representatives from Saudi Arabia's Public Investment Fund. Teller attributed Musk's brusque manner to Asperger's syndrome, a form of autism that Musk acknowledged having during a May 2021 television appearance hosting “Saturday Night Live."

news.yahoo.com

Dharmesh Patel: California doctor accused of driving family off cliff seen in new mugshot after hospital stay

California doctor Dharmesh Patel, who is charged with attempted murder after allegedly driving his family off a cliff, can be seen in a new mugshot after his hospital stay.

foxnews.com

Elon Musk's Tesla tweet trial delves into investor damages

An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of dollars in investor damages after the deal collapsed.

Wife of doctor accused of driving his Tesla off a cliff with his family inside shouted to rescuers 'he intentionally drove the car over' edge, DA alleges

The San Mateo County district attorney told reporters it was a "miracle" the family of four survived the 250-foot plunge in Northern California.

news.yahoo.com

Human rights activist warns of abuses in Congo cobalt mines: 'Moral clock dialed back to colonial times'

Human rights activist Siddharth Kara shares the connection between cobalt, lithium-ion batteries, major companies like Apple, Tesla and Microsoft and human rights abuses.

foxnews.com

Man who drove Tesla off cliff with family inside charged with attempted murder

Two of the three counts have enhancements for domestic violence, court documents show.

cbsnews.com

Man arrested after viral attacks on LA-area motorists' vehicles

A man was arrested after being suspected of being the driver of a Tesla seen in viral attacks on LA-area motorists' vehicles. The man was charged with assault with a deadly weapon.

foxnews.com

Ford’s EV price cuts could pressure profitability, a headwind the automaker needs to address

With margin concerns out there due to price cuts, we'll be looking for messaging on Ford's next steps to deal with the problem.

cnbc.com

'He intentionally tried to kill us': Wife's statement to paramedics key to charges against Tesla driver who drove family off cliff

Dharmesh Patel, 41, was arrested by the California Highway Patrol on suspicion of attempted murder and child endangerment after the Jan. 2 crash, but prosecutors waited until after he was transferred out of the hospital to charge him.

news.yahoo.com

California doctor who drove Tesla off cliff with wife, 2 kids inside held in jail without bail: report

Dharmesh Patel, the California man accused of driving his wife and two children off a cliff on Jan. 2, has been transported from the hospital to a San Mateo County jail.

foxnews.com

Tesla driver taken from hospital to jail without bail after being accused of intentionally driving his family off a cliff

The Tesla driver could be brought into court to face charges of attempted murder and child abuse as soon as Monday afternoon, local news reported.

news.yahoo.com

Stocks making the biggest moves midday: Carvana, Colgate-Palmolive, Tesla and more

These are the stocks posting the biggest moves during midday trading.

cnbc.com

Jim Cramer's Investing Club meeting Monday: Dow stocks, Fed, Ford

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

cnbc.com

Ford cuts prices on electric Mustang Mach-E, following Tesla's lead

Ford said Monday it will lower the price of the Mach-E, which is comparable to Tesla's Model Y, by an average of about $4,500, depending on the model.

cnbc.com

Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl's, Boot Barn and more

These are the stocks posting the largest moves in the premarket.

cnbc.com

California firefighters use 6,000 gallons of water to put out "spontaneous" Tesla car battery fire

Crew members from the Sacramento Metropolitan Fire District responded to a Tesla that was "engulfed in flames" due to a battery fire, officials said in a tweet.

cbsnews.com

Elon Musk's mysterious ways on display in Tesla tweet trial

Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting.

Elon Musk's mysterious ways on display in Tesla tweet trial

Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting. The trial, centered on a pair of tweets announcing Musk had obtained the money to take Tesla private in 2018, reeled the 51-year-old billionaire into a federal courtroom in San Francisco for three days of testimony that opened a peephole into his often inscrutable mind. Musk, who now owns the Twitter service that he deploys as his megaphone, was often a study in contrasts during his roughly eight hours on the stand.

news.yahoo.com

Carmakers face a crossroads as they work to fit auto dealers into their EV plans

For dealers, EVs will mean new employee training, infrastructure and substantial investments to be able to service, sell and charge the vehicles.

cnbc.com

Tesla just notched its best week in a decade, as stock soars 33%

Tesla shares rose 33% to close their best week since May 2013, boosted by positive economic data and an earnings beat.

cnbc.com

Audi's new EV is a luxury SUV with augmented reality that doubles as a pickup

Audi's new concept vehicle is an all-electric luxury SUV that uses augmented reality glasses and can double as a small pickup truck.

cnbc.com

Jim Cramer's top 10 things to watch in the market Thursday: GDP beat, Tesla records, Macao recovery

Low number of jobless claims, sign of a still-strong labor market. Fourth-quarter economic growth was 2.9% versus 2.8% expected.

cnbc.com

Tesla shares pop over 10% on 'better than feared' earnings results, demand outlook

Tesla shares moved sharply upward after CEO Elon Musk noted that the electric car manufacturer could produce 2 million cars in 2023.

cnbc.com

Elon Musk says a Chinese automaker will likely be second to Tesla: 'They work the smartest'

Tesla has a number of challengers in China, including a slew of start-ups such as Nio, Xpeng and Li Auto. Tesla's biggest rival in China right now is BYD.

cnbc.com

Stocks making the biggest moves premarket: Southwest, Tesla, Las Vegas Sands and more

These are the stocks posting the largest moves in premarket trading.

cnbc.com

Tesla's profits soared to a record – but challenges are mounting

The company has seen its share value drop sharply, and rivals are edging into the electric vehicle market. But after doubling its profits in a year, Tesla says it has no plans to slow down.

npr.org

Tesla posts record profits for last quarter of 2022 but girds for more competition ahead

Automaker recently cut prices on popular models, leading to speculation that its sales are slowing.

cbsnews.com

Elon Musk's tweeting style seizes spotlight in Tesla trial

Tesla CEO Elon Musk’s impulsive and sometimes inflammatory usage of Twitter has taken center stage in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a proposal that rapidly unraveled.

Tesla says its 4Q profit rose 59%, expects strong margins

Tesla has posted record net income for the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.

Tesla reports record income; confirms Nevada truck expansion

Tesla says it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits will keep margins higher than any other automaker.

Tesla reports earnings after the bell Wednesday

Tesla is contending with recent price cuts and deliveries that missed expectations.

cnbc.com

Edmunds: The pros and cons of software running your car

Auto manufacturers are applying more computer and software-based features to their vehicles.

How Tesla's price cuts could spur an EV pricing war

Tesla's price cuts make the vehicles more affordable and likely eligible for federal EV tax credits but tank the resale values of cars for current owners.

cnbc.com

Tesla plans to spend $3.6 billion more on battery and truck manufacturing in Nevada

Tesla said in a statement that its expanding facilities in Nevada will include a 100 GWh battery cell factory and high-volume factory to manufacture the Semi.

cnbc.com

Analyst: Musk has 'hard sell' to jury in trial

Elon Musk returned to federal court to defend himself against a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout that the billionaire defiantly insisted Tuesday he could have pulled off, had he wanted. (Jan 24)

news.yahoo.com

Elon Musk defiantly defends himself in Tesla tweet trial

Elon Musk has concluded his testimony in a federal trial over a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout.

Elon Musk testifies he would have sold SpaceX stock to take Tesla private in 2018

Tesla CEO Elon Musk took the witness stand on Monday to defend himself against allegations that he committed securities fraud and cost shareholders money.

cnbc.com

Elon Musk stands by ‘Funding secured’ tweet in trial testimony

Musk, the Tesla and Twitter CEO, has already said not everyone believes his tweets — which are not comprehensive.

washingtonpost.com

Elon Musk defends his tweets about taking Tesla private

Elon Musk returned to federal court Monday in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet.

Elon Musk takes the witness stand to defend his Tesla buyout tweets

Two tweets in 2018 led to a class-action lawsuit alleging Musk misled investors, pulling him into court for about a half hour to deliver sworn testimony in front of a nine-person jury.

npr.org

Elon Musk takes witness stand to defend Tesla buyout tweets

Elon Musk has taken the witness stand to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.

Elon Musk depicted as liar, visionary in Tesla tweet trial

Elon Musk was alternately depicted in a San Francisco courtroom as a liar who callously jeopardized the savings of “regular people” or a well-intentioned visionary.

Davos organizers: Musk wasn’t invited despite what he says

The World Economic Forum says billionaire Elon Musk wasn’t on the guest list for the annual meeting of business executives, global leaders and cultural trend-setters in Davos, Switzerland — despite what the Twitter owner claims.

Jury selected for Elon Musk trial about Tesla buyout tweets

A nine-person jury has been seated to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors by asserting in 2018 tweets that he had lined up financing to take the electric automaker private.

Elon Musk's next drama: a trial over his tweets about Tesla

Long before beleaguered billionaire Elon Musk purchased Twitter in October, he had set his sights on Tesla, the electric automaker where he serves as CEO and from which he derives most of his wealth and fame.

Elon Musk rebuffed in bid to move Tesla tweet trial to Texas

A federal judge on Friday rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker, setting the stage for the mercurial billionaire to be thrust into a legal drama amid the turmoil of his Twitter takeover.

Investors mock Elon Musk's bid to move Tesla buyout trial

Lawyers for Tesla shareholders suing the electric vehicle maker’s CEO Elon Musk over a misleading tweet are urging a federal judge to reject the billionaire’s request to move an upcoming trial to Texas from California.

Feds reviewing Musk tweet about disabling driver monitoring

A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.

Car crashes during street race on Loop 410, says SAPD

Police are investigating after a driver crashed into a guardrail while street racing on the city’s Northwest Side.

Musk says he can't get fair trial in California, wants Texas

Elon Musk doesn't think he can get a fair trial in San Francisco.

Mercedes to build its own electric vehicle charging network

Mercedes-Benz will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla.

Man suspected of intentionally driving off California cliff

Authorities say the driver of a car that plunged off a cliff in Northern California with two children and another adult inside has been arrested on suspicion of attempted murder and child abuse.

VIDEO: Tesla plunges off cliff in California, 4 passengers rescued

Two adults and two minors were injured in a car accident Monday after a Tesla they were traveling in plunged 250 feet over a cliff in an infamous stretch of highway in California known as the Devil’s Slide.

S&P 500 closes out dismal year with worst loss since 2008

Stocks are closing out 2022 with more losses, giving the S&P 500 its worst year since 2008.

Rocky ride: Tesla stock on pace for worst year ever

Owning Tesla stock this year has been anything but a smooth ride for investors.

Asian shares extend losses after Wall Street decline

Shares have fallen in Asia after benchmarks skidded more than 1% on Wall Street.

US probing automated driving system use in 2 Tesla crashes

The U.S. government’s highway safety agency says it's sending teams to investigate November crashes in California and Ohio involving Teslas that may have been operating on automated driving systems.

Musk says Twitter in precarious position, defends cost cuts

Elon Musk is defending his massive cost-cutting at Twitter as necessary for the social media platform to survive next year, in part due to debt payments tied to his $44 billion takeover of the company.

Musk says he'll be Twitter CEO until a replacement is found

Elon Musk says he plays on remaining as Twitter’s CEO until he can find someone willing to replace him in the job.

Elon Musk Twitter poll ends with users seeking his departure

Millions of Twitter users asked Elon Musk to step down as head of Twitter in a poll the billionaire created and promised to abide by.

Elon Musk sells $3.58B worth of Tesla stock, purpose unknown

Elon Musk sold another $3.58 billion worth of Tesla stock this week, but it wasn’t clear where the proceeds were being spent.

EPA: US fuel economy flat in 2021, emissions down slightly

A government report says fuel economy for 2021 model year vehicles in the U.S. stayed flat with 2020 as people continued to buy less-efficient trucks and SUVs.

Tesla delivers electric semis to PepsiCo at Nevada factory

Tesla has delivered its first electric semis to PepsiCo more than three years after Elon Musk said the company would start making the trucks.

Competitors chip away at Tesla's U.S. electric vehicle share

New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data.

Tesla recalls 300K vehicles over taillight software glitch

Tesla is recalling more than 300,000 vehicles in the U.S. because a software glitch can make taillights go off intermittently, increasing the risk of a collision.

GM CEO Barra says electric vehicles to be profitable by 2025

General Motors expects its portfolio of electric vehicles to turn a profit in North America by 2025.

Musk testifies in lawsuit over Tesla compensation package

Tesla CEO Elon Musk is defending himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s board of directors that is potentially worth more than $55 billion.

Tesla board chair testifies in Musk compensation lawsuit

The head of Tesla’s board of directors says her focus in helping develop a huge compensation package for CEO Elon Musk in 2018 was the results he could bring, not how many hours he devoted to the job.

Consumer Reports survey: Hybrids are most reliable vehicles

Gas-electric hybrids were the most dependable vehicles sold in the U.S. in the past year, while big pickup trucks and fully electric automobiles performed the worst in Consumer Reports’ annual reliability survey.

Musk touches on Twitter criticism, workload at G-20 forum

It’s not easy being Elon Musk.

Italian EV startup takes on US, Chinese rivals with design

A new fully electric vehicle startup in Italy is challenging U.S. and Chinese rivals with “Made in Italy" design.

Edmunds: Ford Lightning vs Rivian R1T

The 2022 Rivian R1T was the first all-electric pickup on the market, but the Ford F-150 Lightning wasn’t far behind.

11 more crash deaths are linked to automated-tech vehicles

Eleven additional people were in crashes involving vehicles using automated driving systems during a four-month period earlier this year, according to newly released government data, part of an alarming pattern of incidents linked to the technology.

Musk: SpaceX might keep funding satellite service in Ukraine

Billionaire Elon Musk suggested in a Saturday tweet that his rocket company SpaceX may continue to fund its satellite-based Starlink internet service in Ukraine.

Officials: Musk seeks US funds for Ukraine satellite network

Senior U.S. officials say the Defense Department has gotten a request from SpaceX and Tesla founder Elon Musk to take over funding for his satellite network that has provided crucial battlefield communications for Ukrainian military forces during the war with Russia.

EXPLAINER: What's next in Musk's epic battle with Twitter?

Elon Musk’s monthslong tussle with Twitter took another twist this week after the Tesla billionaire seemed to return to where he started in April — offering to buy the company for $44 billion.

Musk's plan to end Russian war infuriates Ukraine on Twitter

Tesla CEO Elon Musk has gotten into a Twitter tussle with Ukrainian President Volodymyr Zelenskyy after the tech billionaire floated a divisive proposal to end Russia’s invasion.

What if Musk loses the Twitter case but defies the court?

Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion, as he promised back in April.

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