The EV market is in trouble: The latest sign is Tesla’s layoffs

Tesla is in trouble: Its product line is aging. Sales are stalling. Top executives are fleeing. The stock price is down. The first wave of new Cybertrucks is riddled with quality problems. The low-cost Model 2 recently promised by Chief Executive Elon Musk appears to be dead. Some of Tesla’s most environmentally conscious buyers are signaling their disgust with the behavior of Musk by turning to other brands, even as price cut follows price cut. Those bargain basement deals are squeezing profit margins, though the company remains profitable and still sells more EVs than other automakers. The company’s four auto factories have more car-making capacity than the company has customers. The situation is so serious that on Monday, Musk announced that “more than 10%” of its global workforce would be laid off. How much more Musk did not say. Tesla did not respond to a request for comment for this article, but Musk said in an internal email explaining the layoffs that the company had to seek cost reductions and higher productivity. If Tesla were the only electric car maker under pressure, that alone would

NPR suspends journalist who publicly accused network of liberal bias

NPR has suspended a veteran editor who wrote an essay criticizing the public broadcaster for having what he described as a lack of politically diverse viewpoints. Uri Berliner, an award-winning business journalist who has worked at the network for 25 years, will be off the job for five days without pay. Berliner acknowledged the suspension Monday in an interview with NPR. He did not respond to The Times’ request for comment. The suspension came after Berliner put a harsh spotlight on NPR with an April 9 opinion piece for the Substack newsletter the Free Press. He said the decline in NPR’s audience levels is due to a move toward liberal political advocacy and catering to “a distilled worldview of a very small segment of the U.S. population.” The overall thrust of the piece asserted that NPR has “lost America’s trust.” An NPR representative said the network “does not comment on individual personnel matters, including discipline. We expect all of our employees to comply with NPR policies and procedures, which for our editorial staff includes the NPR Ethics Handbook.” Berliner was told by management last week

Commentary: ‘The Golden Bachelor’ divorce turns a TV success story into a cautionary tale

Last week Gerry Turner and Theresa Nist, the boomer couple who charmed millions by falling in love on “The Golden Bachelor” last fall and getting hitched in a live, two-hour special on ABC in January, announced they were planning to divorce after just three months of marriage. The news earned the septuagenarians the dubious honor of having the shortest marriage in the history of “The Bachelor,” which is hardly known as a launching pad for stable relationships. Even by Hollywood’s low standards, the Golden Marriage, lasting exactly 100 days, was noticeably short-lived, with less staying power than Lisa Marie Presley’s ill-fated union with Nicolas Cage (107 days) — and most of the condiments in my fridge (you don’t want to know) . The whiplash-inducing split also marks an abrupt reversal of fortune for “The Golden Bachelor,” which became a breakout hit and cultural sensation after premiering in September, breathing new life into an aging, scandal-ridden reality TV brand. After years of controversy over issues like race and cultural insensitivity, “The Golden Bachelor” was just the wholesome, heartstring-tugging love story the beleaguered franchise — and a

2024 Ventura County homeless count shows ‘noteworthy’ increase in sheltered people, officials say

The Ventura County Continuum of Care Alliance has released the results for the 2024 Ventura County Homeless Point in Time Count.  The count took place on Jan. 24 and surveyed individuals who met the federal definition of homelessness, which includes those living unsheltered or in places not meant for human habitation in addition to residents of emergency shelters and transitional housing on the night of Jan. 23.  Officials looking to expand Joshua Tree National Park, create new California national monument About 450 volunteers assisted with the unsheltered surveys across the county and found 2,358 homeless individuals during the point-in-time count, which is 3.4% less – or 83 fewer people – than 2023’s point-in-time count.  In addition, the Ventura County Continuum of Care Alliance found a “noteworthy” 14.7% increase in sheltered people (from 808 in 2023 to 927 in 2024) and a 12% decrease in unsheltered people (from 1,633 in 2023 to 1,431 in 2024).  SIMI VALLEY, CA – OCTOBER 31, 2019: Homeless encampment is evident near Easy Street in Simi Valley (Photo by Al Seib/Los Angeles Times via Getty Images) Ventura County officials attribute the

These are California’s most ‘charming’ main streets

Bourbon Street, Broadway, 5th Avenue… a city’s main thoroughfare says a lot about the community and culture of the region and some streets are worth making the trip alone. While some are entertainment hubs with vibrant nightlife, others are more quaint and understated rich with history and lined with small businesses. Mixbook, a photography website that helps users edit images and make gifts and memories with them, recently went out to find the best streets that represent the latter. Surveying 3,000 “seasoned travelers,” Mixbook created a list of the main streets across the U.S. that respondents said are most “charming.” Historic buildings, walkability and plenty of local shopping are all present in many of the top listings. Although no California main streets were able to crack the top 10, two did make the cut in the top 100. According the Mixbook, these are the most “charming” main streets in California. State Street in downtown Santa Barbara, California is shown in this undated photo. (Getty Images) State Street, Santa Barbara (No. 14 overall):  State Street is the main artery through downtown Santa Barbara, with historic theaters

Investigators search for driver who hit, killed fire recruit on 101 Freeway

Authorities are working with limited information as they try to find the driver who fatally struck a Los Angeles Fire Department recruit who was involved in an accident on the 101 Freeway on Monday. Jacob Fuerte, 22, was driving to the LAFD training academy when, according to the California Highway Patrol, his vehicle collided with another on the northbound 101 near Vineland Avenue shortly after 5 a.m. One person was ejected, and officials said Fuerte, the son of a veteran LAFD firefighter, stepped out of his vehicle, likely to assess the situation and render aid, when a second crash took place. “During this second crash, [Fuerte] was struck,” the CHP said in its accident report. Los Angeles Fire Department recruit Jacob Fuerte, 22 (LAFD) A U.S. Flag is draped over the body of a Los Angeles Fire Department recruit firefighter who was killed on the 101 Freeway on April 15, 2024. (KTLA) Preliminary information indicates the crash took place around 5:20 a.m. on the northbound side of the 101 at Lankershim Boulevard in Studio City on April 15, 2024. (Sky5) The driver of the vehicle

Vision changes could be early indicator of dementia, study finds

Vision changes could be early indicator of dementia, study finds – CBS News Watch CBS News A long-term study found changes in your vision could be an early indication of dementia. Dr. Scott Grossman, a neuro-ophthalmologist with NYU Langone Health, joins CBS News with more on the new findings. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

House delivers Mayorkas articles of impeachment to Senate

House delivers Mayorkas articles of impeachment to Senate – CBS News Watch CBS News House Republicans delivered articles of impeachment against Homeland Security Secretary Alejandro Mayorkas to the Senate on Tuesday. Many Republicans in Congress want to punish Mayorkas for the Biden administration’s handling of the U.S.-Mexico border, claiming that the secretary failed to enforce the nation’s laws. CBS News’ Camilo Montoya-Galvez and Nikole Killion report. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

Global coral bleaching event underway

Global coral bleaching event underway – CBS News Watch CBS News A major global coral bleaching event is occurring for the second time in 10 years, according to the National Oceanic and Atmospheric Administration. Derek Manzello, A coral reef ecologist and NOAA reef watch coordinator, joins CBS News with more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

How to watch today’s NBA Play-In Tournament games: Golden State Warriors vs. Sacramento Kings

By Meredith Gordon April 16, 2024 / 4:32 PM EDT / Essentials CBS Essentials is created independently of the CBS News editorial staff. We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Stephen Curry #30 of the Golden State Warriors dribbles the ball up court against the Dallas Mavericks during the first half of an NBA basketball game at Chase Center on April 02, 2024 in San Francisco, California.  Thearon W. Henderson/Getty Images The 2024 NBA Play-In Tournament has arrived with the Western Conference No. 10 Golden State Warriors facing the No. 9 Sacramento Kings today in a single-elimination game. The winner of today’s game will face the winner of today’s No. 8 Los Angeles Lakers vs. New Orleans Pelicans game .   Keep reading for how and when to watch the Warriors vs. Kings game today, even if you don’t have cable. When is the 2024 NBA Play-In Tournament? The NBA Play-In Tournament will be played April 16-19, 2024. The Western Conference will kick off the play-in tournament on Tuesday, April 16, 2024.

Abcarian: A disconcerting crime wave in L.A.’s Venice, caught on camera

These are unsettling times in my Venice neighborhood. Strange behavior and violent crime are nothing new here, where a population of locals, tourists and transients mix in this urban beach setting. Lately, though, things have been weirder than usual. Last month, a woman who must have been out of her mind led the California Highway Patrol on a chase that ended around the corner from me when she drove her BMW SUV to the west end of Washington Boulevard and across the beach parking lot at the Venice Pier, before plowing across the sand into the surf. She leaped out of the car, abandoning a Boston terrier, and tried to swim away before being fished out of the water by an L.A. County Sheriff’s Department boat. The misadventure was caught on multiple cameras. Miraculously, no one was injured. Opinion Columnist Robin Abcarian On Saturday night, half a mile away, a man who has been described as a 41-year-old self-employed chef allegedly livestreamed himself firing rounds from the roof of his apartment building, the Pearl in Marina del Rey. Terrified neighbors got it on video. Again

Disneyland’s plan to expand, reimagine park with new rides and hotels goes to a vote

Disneyland’s new plan for it’s world-famous theme park, including an investment of up to $2.5 billion with new rides, hotels and shops, goes up for a vote to the Anaheim City Council on Tuesday. Exactly what Disneyland plans to build in the coming years is unclear, but the entertainment giant as asking the city to relax zoning rules so the park can have more flexibility. The park would not expand outside its current 100-acre footprint in Anaheim, according to the plan, but Disney is looking to reimagine the resort by squeezing additional attractions, hotels and shops next to or embedded in one another. Known as DisneylandForward, the plan would give Disney flexibility to redesign the resort, including Disneyland, California Adventure Park and the Downtown Disney business district into what Disney Global Development Vice President Rachel Alde described as a more “immersive” experience. The City Council meeting is set to begin at 4 p.m. The proposal would include a new 17,000-space parking garage, as well as three pedestrian bridges over Harbor Boulevard and two bridges over Disneyland Drive. The plan also asks the city to give

‘Never happened before’: Key oversight officials leave as LAPD searches for chief

In the market for senior police officials, Los Angeles is hiring. As of this week, the city faces an unprecedented three vacancies in key LAPD leadership and oversight positions: chief, inspector general and executive director of the Board of Police Commissioners. The current inspector general, Mark Smith, was named Monday as an independent monitor to oversee police reforms in Portland, Ore. Another top oversight official, Richard Tefank, who served as executive director for the Board of Police Commissioners for nearly two decades, retired at the end of last month. The department is already without a permanent police chief after Michel Moore unexpectedly announced his retirement in January after 5½ years as chief. Last month, the Police Commission appointed Assistant Chief Dominic Choi to take over on an interim basis. A Northern California headhunting firm was hired last month conduct a nationwide search for the city’s next top cop, a process that is expected to last through August. The all-civilian Police Commission, which functions much like a board of directors for the department, will now be tasked with picking replacements for Tefank and Smith — while

Kim Christensen, reporter known for ‘righting wrongs and exposing truth,’ dead at 71

When he joined the Los Angeles Times in 2005, investigative reporter Kim Christensen had already notched two Pulitzer Prizes working on teams that uncovered fraudulent fertility practices at a leading research university and abuse of foreign nationals by the U.S. Immigration and Naturalization Service. Seventeen years later, when Christensen retired, many of his Times colleagues still did not know that. “Most people had no idea he had won two Pulitzer Prizes,” said former Times investigations editor Julie Marquis. “He didn’t talk about it.” But Marquis said she knew his reporting prowess firsthand from competing with him on the fertility story. “He trounced us day after day after day,” she said. “It wasn’t until later I found out what a great human being he was.” Christensen, a dogged reporter beloved by colleagues for his wry humor, collegiality, graceful writing and incisive mind, but above all his humility, died of cancer Monday at his home in Long Beach. He was 71. At The Times, Christensen worked both solo and with other reporters to expose abuses in the hospice industry, the failure of the Medical Board of California

Want to make comfortable, highly functional clothing pop? Gage Crismond has answers

Want to make comfortable, highly functional clothing pop? Gage Crismond has answers April 16, 2024 12:40 PM PT A bag becomes a different thing entirely when worn by different personalities — similar to how no one perfume smells the same on two different people. To test out this idea, we invited four different artists to style the same bag into their personal look and lifestyle for one day, dreaming up places across L.A. where they would wear it. The bag? The Acne Studios rivet wine box bag from the brand’s spring/summer ’24 collection. It felt like a bag tough enough to withstand a long day in L.A. and lightweight enough to not drag you down. In the fourth installment of the series, multidisciplinary artist Gage Crismond recognizes something in the bag that’s always been present in his personal style: utility. For Crismond, picking out an outfit everyday is driven by the goal of being “highly functional and comfortable,” especially when he’s switching from his various creative practices that include choreography, creative direction, tattooing, designing, making music and acting. He takes us on a walk around

Arrest made in Long Beach killing

A Long Beach man has been arrested in connection with a fatal shooting on Sunday. Ahmed Mahmoud, 41, was arrested Monday and booked on five counts: Murder Assault with a deadly weapon Possession of a firearm by a convicted felon Illegal possession of ammunition Evading arrest According to the Long Beach Police Department, Mahmoud was the shooter who killed 30-year-old Long Beach resident Nelson Martinez Gonzalez in the 1600 block of Gaviota Avenue at 8:46 p.m. on Sunday. Gonzalez was found suffering from a gunshot wound to the upper body and was declared dead at a local hospital. Murder suspect flees from police in Long Beach Police indicated they arrested a suspected shooter after a pursuit early Monday morning, but it is unclear if Mahmoud is that person, as jail records show he wasn’t arrested until that evening. No motive for the attack was disclosed by police, but they believe the shooter approached on foot and interacted with the victim before the killing. Mahmoud is being held at Men’s Central Jail in lieu of $3.1 million bail. No court date information was available as of

Officials looking to expand Joshua Tree National Park, create new California national monument

United States Rep. Raul Ruiz (D-Coachella) and Sen. Alex Padilla have introduced legislation to designate the Chuckwalla National Monument and expand Joshua Tree National Park.  The land that would be protected encompasses parts of Riverside and Imperial counties, including a portion of the Chuckwalla Valley, all of the Chuckwalla Mountains and the adjacent Mecca Hills.  California Dept. of Public Health urges residents to avoid Vietnamese hemorrhoid ointment “These landscapes are rich in biological diversity and home to desert tortoises, kit foxes, golden eagles and the proposed monument’s namesake Chuckwalla lizards,” a release from the national nonprofit Center for Biological Diversity stated. “The bills are supported by local Tribes, numerous businesses, communities and conservation groups.”  Dr. Ruiz first unveiled legislation for the proposed 660,000-acre Chuckwalla National Monument in 2023; his legislation also included a 17,000-acre expansion for Joshua Tree National Park.  Sunset in Joshua Tree National Park (Getty) After Dr. Ruiz reintroduced it this year, Sen. Padilla introduced a companion bill in the Senate.  The two lawmakers stated that they are asking the Biden administration to use the Antiquities Act to designate the monument and expand

House speaker faces new call by another Republican to step down or face removal

By Kaia Hubbard Updated on: April 16, 2024 / 3:23 PM EDT / CBS News House Speaker Johnson says he’s not resigning House Speaker Mike Johnson says he’s not resigning as momentum grows for ouster 11:15 Washington — House Speaker Mike Johnson is facing a new call by another Republican lawmaker to step down or face removal, but he said Tuesday he’s not resigning. Kentucky Rep. Thomas Massie said Tuesday that he’d co-sponsor a motion to vacate the speaker filed last month by GOP Rep. Marjorie Taylor Greene of Georgia. She laid the groundwork for an eventual vote to strip Johnson of his gavel after he worked with Democrats to approve a government funding package and avert a partial shutdown weeks ago. But Greene has yet to commit to a timeline on calling for a vote on the resolution to remove Johnson.   Massie said he told Johnson in the closed-door Republican conference meeting Tuesday morning that he would co-sponsor the motion to vacate, adding in a post on social media that Johnson “should pre-announce his resignation” so the conference can work on selecting his

Here’s how much the price of gold has risen since March 1

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. By Joshua Rodriguez Edited By Matt Richardson April 16, 2024 / 3:21 PM EDT / CBS News Gold’s price climbed approximately 13.86% from March 1 to April 16.  Anthony Bradshaw / Getty Images Gold’s price has been heading up as of late as inflationary economic conditions continue to drive demand for the precious metal. That’s great news if you own gold. After all, growing prices mean there’s a high probability that your holdings are worth more now than you paid for them. And the difference in what you paid for your gold and what it’s worth today could be significant depending on when you purchased it .  But, exactly how much has the price of gold climbed over the past month and a half (since March 1, 2024)? That’s what we will calculate below, underlining the benefit of investing in the precious metal now. Find out how the rising price of gold can benefit you now.  Here’s how much the price of gold has risen

A home invasion in Newport Beach ends with an apparent suicide

An early morning home invasion Tuesday in Newport Beach ended with one alleged intruder being shot and another dying from what police believe was a self-inflicted gunshot wound. Newport Beach police say the victims and suspects in the incident have a prior connection, but gave no further details. At 4:45 a.m., police responded to a 911 call of a possible home invasion near Newport Coast Drive and Pelican Hill Road North. The home appeared to be at the end of Vista Luci, a cul-de-sac, KABC-TV reported. A few minutes into the emergency call, the caller said one of the residents inside the home shot a suspect, according to a police report. During a brief on-scene news conference, police confirmed that the homeowner shot at one of the four suspects, KTLA-TV reported. The injured suspect and another suspect fled the house. When police arrived, they found one of the suspected home invaders with a handgun lying in the street with apparent gunshot wounds, according to police. The suspect was transported to a local hospital. Police did not disclose his condition. Another suspect was discovered in bushes

UCLA might have found a starting forward in Oklahoma State transfer Eric Dailey Jr.

UCLA’s newest transfer addition could start immediately for coach Mick Cronin and contribute in a variety of ways. In his first college season, Eric Dailey Jr. showed that he could handle the ball, drive to the basket, post up inside, pull up for three-pointers and make smart passes. The Oklahoma State freshman will take those talents from Stillwater, Okla., to Westwood after announcing on social media Tuesday that he was committed to the Bruins. “Bruin Nation,” Dailey wrote on the social media platform X above a picture of himself and family members surrounded by UCLA’s 11 NCAA championship trophies, “Let’s get to it!!!” Dailey becomes the team’s third transfer addition, joining Louisville guard Skyy Clark and USC forward Kobe Johnson. UCLA has two more open scholarships, one of which will presumably be filled by a center after Adem Bona announced he would declare for the NBA draft. A 6-foot-8 forward, Dailey can play both inside and out. Last season, he was the only player in the Big 12 Conference to finish in the top five among freshmen in points (9.3), rebounds (4.8) and assists (1.5)