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Apr 15, 2024
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live from tesla's tremont factory is scott budman. scott, this is a sizable layoff. >> reporter: it really is audrey. 10% would be about 14,000 employees of tesla, and this is a company that has regularly grown and sold a ton of electric cars, but lately it has stumbled on tough times. a combination of lots of competition from the likes of both american and chinese ev companies, sales figures for tesla were lower than expected, and the stock price has been taking a hit lately. all of those factors combining for tesla to sort of look inward, make some layoffs, in a moment memo released from elon musk says he's trying to get back to where it was and get back to the next phase. >> i know you got a chance to speak with the tesla investor. what is he telling you? >> reporter: he is telling me that he's upset as well, and not just with the stock price has rewarded investors over the long term very, very handsomely. he's got to order in for a new cyber truck, he has had it in for months and hasn't gotten it and hasn't heard from the company
live from tesla's tremont factory is scott budman. scott, this is a sizable layoff. >> reporter: it really is audrey. 10% would be about 14,000 employees of tesla, and this is a company that has regularly grown and sold a ton of electric cars, but lately it has stumbled on tough times. a combination of lots of competition from the likes of both american and chinese ev companies, sales figures for tesla were lower than expected, and the stock price has been taking a hit lately. all of...
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Apr 26, 2024
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budman scott, thank you for joining us on this friday. can you go ahead and just tell us more about sb nine and exactly how it works? sure. audrey. yeah. senate bill nine sb nine allows a homeowner of a single family home on a lot. if the lot is big enough to divide the lot and then have a second home built on it. so this isn't going to be hundreds of thousands of homes added quickly, but a little bit, 1 or 2 at a time. and there are limits, but it basically says instead of building more single family homes on these lots, let's divide the lot and add homes to it. and so this is a lot. for example, up in monte sereno, pretty good sized lot. it's going to be divided in half. and so two separate owners will actually build their single family homes on it instead of just one. and that's something that passed in 2021. but it's just starting to catch on now. partly because it takes so long bureaucratically to get anything built in california, but at least this is something that can add homes to neighborhoods. sure. and we know we need more of th
budman scott, thank you for joining us on this friday. can you go ahead and just tell us more about sb nine and exactly how it works? sure. audrey. yeah. senate bill nine sb nine allows a homeowner of a single family home on a lot. if the lot is big enough to divide the lot and then have a second home built on it. so this isn't going to be hundreds of thousands of homes added quickly, but a little bit, 1 or 2 at a time. and there are limits, but it basically says instead of building more single...
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Apr 3, 2024
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nbc bay area scott budman has the details. >> reporter: the san jose police department says west coast self-storage on lincoln avenue was robbed twice earlier this year, once in january, again in february. >> there was probably almost $400,000 worth of stolen items. >> reporter: officers say they tracked and have now arrested four suspects in connection with the crimes. the good news, about $60,000 worth of merchandise has already been returned to its owners. >> they did find musical equipment, guitars, other property belonging to those two victims. >> reporter: but lots of items are still inside the pd waiting to be claimed. >> we are asking any folks that feel like they have been a victim of storage unit burglaries, have had any burglaries that involved collectibles in storage units to please come forward to detectives so we can try to put these puzzle pieces together. >> reporter: police also say the thieves stole some illegal merchandise, including guns and drug paraphernalia. they say those items won't get returned. the four burglary suspects are currently in jail. west coast self
nbc bay area scott budman has the details. >> reporter: the san jose police department says west coast self-storage on lincoln avenue was robbed twice earlier this year, once in january, again in february. >> there was probably almost $400,000 worth of stolen items. >> reporter: officers say they tracked and have now arrested four suspects in connection with the crimes. the good news, about $60,000 worth of merchandise has already been returned to its owners. >> they did...
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Apr 24, 2024
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a lot of questions -- our scott budman is looking into the bill that president biden just like today. his would be filling us and i was going to happen with the popular app. >>> let's begin today with a new report that shows the bay area had some of the worst air quality in the nation recently. in fact, it was worse than los angeles. before you start holding your breath, you should know that the bad news comes with a catch. nbc bay area's ian cole explains the findings for us. show us what the major factors are for us. >> important to note that the data used here is from 2022 2022. -- 2020 to 2022. you will never the skies turned orange from all the wildfire smoke. that was in september of 2020. during that time, the bay area, fit in the nation for the dirtiest air ahead of l.a. when it comes to annual particle levels. we know those are especially bad for your lungs. the american lung association notes that high exposure can increase risk of exposure and -- >> >> and had a major impact on air-quality progress and exposure to harmful particle pollution in the bay area. >> so wildfires
a lot of questions -- our scott budman is looking into the bill that president biden just like today. his would be filling us and i was going to happen with the popular app. >>> let's begin today with a new report that shows the bay area had some of the worst air quality in the nation recently. in fact, it was worse than los angeles. before you start holding your breath, you should know that the bad news comes with a catch. nbc bay area's ian cole explains the findings for us. show us...
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Apr 2, 2024
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our scott budman is talking to investigators about all the stuff that's stolen. >>> we're also tracking other stories this tuesday, include ago i fight that leads to gunfire in the parking lot of a bay area safeway. the arrest police just made, including a minor. >>> also thousands of nurses walked the picket lines of the in south bay. their demands? the impact on patient care and santa clara county's new response. >>> and giving you the right to ignore work texts after hours, we're talking to a bay area lawmaker who is pushing to create more boundaries between you and your boss. >>> we'll begin with the big storage unit burglary bust in san jose. three men and one woman under arrest accused of stealing hundreds of thousands of dollars worth of goods, guitars, trading cards, even weapons. let's bring in our business tech reporter scott budman who is on the crime beat today tracking this case for us. what tipped off investigators to this? >> this goes back earlier this year. one theft in january, another in february at the storage facility, west coast storage on lincoln avenue in san jos
our scott budman is talking to investigators about all the stuff that's stolen. >>> we're also tracking other stories this tuesday, include ago i fight that leads to gunfire in the parking lot of a bay area safeway. the arrest police just made, including a minor. >>> also thousands of nurses walked the picket lines of the in south bay. their demands? the impact on patient care and santa clara county's new response. >>> and giving you the right to ignore work texts...
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Apr 30, 2024
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our scott budman joins us with the state of the california housing market. i'm chief meteorologist jeff ranieri . your latest check on bay area reservoirs and throughout the state, plus rain chances coming on back to the housing prices are in and those prices are quite a bit higher than this time last year. let's bring in our business and tech reporter scott budman. so it's kind of the same thing, right? good news for sellers. not so good news for buyers right. any i mean we've been in this cycle for a while now. yeah. and yet we've still seen prices rise over the last year. the combination of mortgage rates hovering once again above 7% and housing inventory that is still low means bay area prices are still high. in fact, most counties saw pretty big price hikes even from last year. and check out the latest numbers county by county. we put this together for you. prices jumping by as much as 20% from last year. san mateo county now topping 2.1 million. that's for the average house in marin county and santa clara, very near $2 million each. san francisco count
our scott budman joins us with the state of the california housing market. i'm chief meteorologist jeff ranieri . your latest check on bay area reservoirs and throughout the state, plus rain chances coming on back to the housing prices are in and those prices are quite a bit higher than this time last year. let's bring in our business and tech reporter scott budman. so it's kind of the same thing, right? good news for sellers. not so good news for buyers right. any i mean we've been in this...
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Apr 24, 2024
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scott budman, nbc bay area news. >> scott, thank you. >>> let's take you a live look outside. that's not the bay area. that is palisades, tahoe. i believe it still open for skiing. will have to ask johnny mosley. he's talking about what's happening in the sierra. >> you know, the snowpack this year, well over 100% through much of this era, which has been great, but what about through the next 30 years. wanted to continue our climate coverage tonight and show you the forecast of what could happen if we do not see substantial cuts in omissions. so, in order to do that, what i want to do, first take a look at , where this snow level is usually hovering. and they are usually at about 5000 feet, and that's awesome because we are able to bank of that snow, which provides a third of the states is five. but if we don't see substantial cuts in omission, the problem we get into is, and it could be very dramatic here, snow levels rising and extremely high. check this out. we may actually see snow levels go up to about 7000 feet by the year 2054. so 30 years out for now. that would not on
scott budman, nbc bay area news. >> scott, thank you. >>> let's take you a live look outside. that's not the bay area. that is palisades, tahoe. i believe it still open for skiing. will have to ask johnny mosley. he's talking about what's happening in the sierra. >> you know, the snowpack this year, well over 100% through much of this era, which has been great, but what about through the next 30 years. wanted to continue our climate coverage tonight and show you the...
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Apr 16, 2024
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live in fremont, scott budman, nbc bay area news. >> thank you very much scott. >>> let's look at the golden gate bridge with our camera, where scott was, all we see is sunshine. >> it is beautiful. >> if we could have moved some of that to this past weekend -- >> thinking ahead. >> every monday dude. >> we have only had four weekends this year with sunny skies. there will be a weekend coming our way, it will be dry, also offer that sunshine and some of the most comfortable temperatures we've seen on a seven-day forecast in a long time. let's go ahead and get to it right now. start you off with the microclimate forecast. look at the difference we have seen, from saturday with that strange weather, the cold temperatures and the rainfall, we have 58 in concord, today up to a much better 70 degrees. santa rosa from 53 to 69 today. we are warming up and i see that trend continuing tomorrow. we have high pressure moving from the south, that's basically moving the storm track off to the north to keep us dry and once again, temperatures going up by about 4 to 8 degrees tomorrow. we will be i
live in fremont, scott budman, nbc bay area news. >> thank you very much scott. >>> let's look at the golden gate bridge with our camera, where scott was, all we see is sunshine. >> it is beautiful. >> if we could have moved some of that to this past weekend -- >> thinking ahead. >> every monday dude. >> we have only had four weekends this year with sunny skies. there will be a weekend coming our way, it will be dry, also offer that sunshine and some...
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Apr 25, 2024
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>> scott budman is here with the very latest. scott? >> reporter: well, audrey and raj, the house, senate, and the president have sold signed off on it either being sold off from bytedance or being banned here. many users tell us they understand the concerns people have about the platform, but say losing it would hurt their business. >> yellow. these food prices? >> reporter: she is a tiktok content creator. she says if the platform goes away, it will likely affect her bottom line. >> is there money on the line here? >> oh, absolutely. absolutely. there's money on the line in numerous ways. >> we don't walk away from our allies. >> but president biden forcing the chinese owner to sell or face a u.s. band starts the clock ticking towards the end of what she calls a boost to her career as a marketing professional. >> what's great about tiktok is you can put out your expertise in a way that just goes straight to the consumer and whoever your target audience is. >> reporter: 170 million americans used tiktok, but the app is owned by a chine
>> scott budman is here with the very latest. scott? >> reporter: well, audrey and raj, the house, senate, and the president have sold signed off on it either being sold off from bytedance or being banned here. many users tell us they understand the concerns people have about the platform, but say losing it would hurt their business. >> yellow. these food prices? >> reporter: she is a tiktok content creator. she says if the platform goes away, it will likely affect her...
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Apr 27, 2024
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let's bring in our business and tech reporter scott budman with a new way to build. right? scott and a tech company making it happen. yeah, you're right, raj, we're talking about a way to divide the lot you live on to build more housing. it's referred to as the california home act. but not everyone is thrilled with it coming to their neighborhood. a big lot in monte sereno. here's what it looks like from the ground. this is it on google earth. melanie griswold is a land use attorney working out a deal to divide the one lot. so two separate owners can build two separate homes. and so being able to split the lot, divide it into two, and then being able to build a single family on both of those lots made it more in their budget. deals like this are made possible by senate bill nine, letting single family homeowners split their lot and build up to two homes on each new lot. it hasn't been used much, partly because of state bureaucracy, partly because some neighbors have pushed back on the idea of lots being divided near their homes. i think it is a controversial law. not all ne
let's bring in our business and tech reporter scott budman with a new way to build. right? scott and a tech company making it happen. yeah, you're right, raj, we're talking about a way to divide the lot you live on to build more housing. it's referred to as the california home act. but not everyone is thrilled with it coming to their neighborhood. a big lot in monte sereno. here's what it looks like from the ground. this is it on google earth. melanie griswold is a land use attorney working out...
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Apr 12, 2024
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it's bring in scott budman with more details. >> reporter: business relations between japan and the u.s. have run hot and cold, but now they are working to expand the chp and ai businesses. a japanese tech company landed here to grow and higher. >> reporter: as ai companies grow and pull in skyhigh stock valuation, they need high octane computer chips to power their machines. a new ally, japan. is a specific japanese tech company launched in silicon valley. >> it remains the hotbed of innovation and with this wave of ai coming to us, the advanced design has never been as great as it is today. >> reporter: rapidis will move here partly opening an office in santa clara to be closer to the action. >> is a great opportunity in japan. the u.s. provides a good market and good technology. japan is very good at manufacturing. >> reporter: giving local companies a boost in the hypercompetitive chip business. >> it gives silicon valley companies another place to go to to develop their chips and bring in the market. >> reporter: adding jobs here at home. >> you still have all of the fillers of thi
it's bring in scott budman with more details. >> reporter: business relations between japan and the u.s. have run hot and cold, but now they are working to expand the chp and ai businesses. a japanese tech company landed here to grow and higher. >> reporter: as ai companies grow and pull in skyhigh stock valuation, they need high octane computer chips to power their machines. a new ally, japan. is a specific japanese tech company launched in silicon valley. >> it remains the...
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Apr 11, 2024
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scott budman has been following the story all day. did i pronounce it correctly? >> yes. >> cool. what can they offer each other? >> they want the same goal in tech, to get ahead in artificial intelligence, which is super hot these days. all of the companies based here or there super powerful chips. they are very good at making these chips. american companies are really good at selling them and giving them to the ai cuss -- companies. ripening -- they will make them in japan and it is an interesting global response to the desire for ai and the chips that are so hot right now. >> since they are opening an office now in silicon valley, will they hire local people? >> i asked the ceo and he said absolutely. the plan is to hire and grow. they will do marketing in silicon valley and build the chips out there. everyone wants to be here because of the relationships with companies like google. they are on the forefront of ai and people really want the chips, so they are looking to american and japanese companies to make those chips and get them to the ai companies, so they can power the m
scott budman has been following the story all day. did i pronounce it correctly? >> yes. >> cool. what can they offer each other? >> they want the same goal in tech, to get ahead in artificial intelligence, which is super hot these days. all of the companies based here or there super powerful chips. they are very good at making these chips. american companies are really good at selling them and giving them to the ai cuss -- companies. ripening -- they will make them in japan...
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Apr 26, 2024
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our business and tech reporter scott budman joins us now to explain. scott, this is a big deal. yeah, raj, net neutrality is admittedly not all that exciting to talk about, but it is important. it means no matter how big or small, your company, your content will stream through the internet at the same speed as your competitors. it was repealed by the trump administration seven years ago. today. it's back to your favorite app. they just want a good show. that's all they want. and your favorite movie will stream at rapid speeds. no matter how big the company. now that net neutrality has been brought back, hopefully people will be able to, you know, go online and they'll see that, you know, this video service is just as fast as some other video service. reversing the 2017 repeal of net neutrality, the fcc now says internet service providers or isps like verizon, at&t and comcast cannot slow internet traffic of one company at the expense of another. rather than let the isps make choices about what we watch, make choices about which ones which services are faster or slower, there sho
our business and tech reporter scott budman joins us now to explain. scott, this is a big deal. yeah, raj, net neutrality is admittedly not all that exciting to talk about, but it is important. it means no matter how big or small, your company, your content will stream through the internet at the same speed as your competitors. it was repealed by the trump administration seven years ago. today. it's back to your favorite app. they just want a good show. that's all they want. and your favorite...
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Apr 3, 2024
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nbc bay area scott budman has the details. >> reporter: the san jose police department says west coast self-storage on lincoln avenue was robbed twice earlier this year, once in january, again in february. >> there was probably almost $400,000 worth of stolen items. >> reporter: officers say they tracked and have now arrested four suspects in connection with the crimes. the good news, about $60,000 worth of merchandise has already been returned to its owners. >> they did find musical equipment, guitars, other property belonging to those two victims. >> reporter: but lots of items are still inside the pd waiting to be claimed. >> we are asking any folks that feel like they have been a victim of storage unit burglaries, have had any burglaries that involved collectibles in storage units to please come forward to detectives so we can try to put these puzzle piece
nbc bay area scott budman has the details. >> reporter: the san jose police department says west coast self-storage on lincoln avenue was robbed twice earlier this year, once in january, again in february. >> there was probably almost $400,000 worth of stolen items. >> reporter: officers say they tracked and have now arrested four suspects in connection with the crimes. the good news, about $60,000 worth of merchandise has already been returned to its owners. >> they did...
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Apr 25, 2024
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. >> let's bring in our business and tech reporter scott budman. is this really going to happen? because it seems like you just said, 16 million in california alone. so many more million around the country. >> right. >> are tiktok users. >> 170 million in the country. more than a billion dollars worldwide. this is a huge social media success story. and yet at the same time, it's the one thing, really, in this country that unites the left and the right is their fear of our data being in the hands of the chinese government. and that's why this social media company is under such scrutiny. >> it's funny, because for so many months, even a couple of years we talked about tiktok. oh, you have to be a teenager in to use it. there are plenty of people in their 40s, 50s, 60s on the app. >> that's why you have the users and those who are dancing and hanging out with friends. you also have people who are starting businesses, or even in their older ages networking on this site. it is very powerful for all sorts of reasons. you could say the same about instagram and twitter and even snapchat.
. >> let's bring in our business and tech reporter scott budman. is this really going to happen? because it seems like you just said, 16 million in california alone. so many more million around the country. >> right. >> are tiktok users. >> 170 million in the country. more than a billion dollars worldwide. this is a huge social media success story. and yet at the same time, it's the one thing, really, in this country that unites the left and the right is their fear of...
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Apr 13, 2024
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our business and tech reporter scott budman went to check it out. >> reporter: even in a crazy housing market, this one really stands out. i'm in and you're looking at the entire house here in cupertino. 384 square feet for the entire house. this was actually originally built back in the '40s as a hunting cabin, and now it sits on some of the world's most valuable land near monte vista high school, corner lot on a cul-de-sac. i just walked through the bedroom. there's a little bathroom right there. voila, i'm now in the kitchen, and that's the whole thing. 384 square feet. this was listed at $1.7 million. within days, multiple offers. it has closed. it has sold. the agent tells me she can't give the actual price but says it did sell for, quote, considerably more than the asking price. so there we go. the smallest house in cupertino, the least expensive house in cupertino, and i'm sorry, everybody. it's now off the market. i'll send it back to you. >> 384 square feet. thank you, scott. >>> speaking of big money and housing, who's going to be the next mayor of san francisco? the election
our business and tech reporter scott budman went to check it out. >> reporter: even in a crazy housing market, this one really stands out. i'm in and you're looking at the entire house here in cupertino. 384 square feet for the entire house. this was actually originally built back in the '40s as a hunting cabin, and now it sits on some of the world's most valuable land near monte vista high school, corner lot on a cul-de-sac. i just walked through the bedroom. there's a little bathroom...
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Apr 13, 2024
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. >>> i'm scott budman now in the bedroom and now in the kitchen of cupertino's smallest house, 384 square feet. it just sold for nearly $2 million. we'll have the story just ahead. >>> so it's feeling like summer for a few day, but now winter is back or it's about to come back. we're tracking the timeline for this weekend's storm. >>> the news at 6:00 starts right now. good evening and thanks for being with us on this friday, i'm raj mathai. >> and i'm jessica aguirre. enough is enough, a san jose business owner is going public with his frustration over crime. three burglaries this year alone, eight since his bar opened its doors. now owners of the guildhouse say they didn't want to go public before over concerns that it might encourage more crime, but now they say that strategy isn't working. nbc bay area's robert handa has the video of the most recent burglary and found out this isn't the only shop that got hit. >> reporter: the guildhouse is a popular gaming center here in downtown san jose with about 1,000 gamers showing up on busy nights, but it's also one of the businesses in the ar
. >>> i'm scott budman now in the bedroom and now in the kitchen of cupertino's smallest house, 384 square feet. it just sold for nearly $2 million. we'll have the story just ahead. >>> so it's feeling like summer for a few day, but now winter is back or it's about to come back. we're tracking the timeline for this weekend's storm. >>> the news at 6:00 starts right now. good evening and thanks for being with us on this friday, i'm raj mathai. >> and i'm jessica...
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Apr 11, 2024
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our scott budman spoke with the reporter at the spotlight who broke the story of the poll. >> liccardo's team say they have no ties to the man who requested the recount, that they did not coordinate with him, and in terms of the poll, i asked the campaign to deny or confirm whether they had paid for it. and i was met with a no comment. >> is there a way to know if the poll is giving, let's say the liccardo campaign, you know, any ammunition to say let's do a recount because we want one of these guys out of there, or are they saying hey, full speed ahead? >> i think the intention of the poll is to see how he will fare, if he is going to do better with a recount. so some people had thought he's doing this poll quickly to see whether or not he should request a recount. but what the results show, it's up to whoever paid for that poll to tell us. >> so what's next in this whole recount process? well, the cost for the machine recount is $16,000 a day for fife days. a manual recount could cost more than $300,000. the registrar of voters is still trying to determine which method it will use. we
our scott budman spoke with the reporter at the spotlight who broke the story of the poll. >> liccardo's team say they have no ties to the man who requested the recount, that they did not coordinate with him, and in terms of the poll, i asked the campaign to deny or confirm whether they had paid for it. and i was met with a no comment. >> is there a way to know if the poll is giving, let's say the liccardo campaign, you know, any ammunition to say let's do a recount because we want...
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Apr 12, 2024
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scott budman took a look at a small home in silicon valley today with a stunning price tag. we were talking about it during the break. so tell us about this. >> here's the thing, this is the least expensive home in cupertino. you think, wow, $1.7 million. here's the stunning thing, this is 384 square feet. >> oh wow. >> that's it. that's the whole thing right there. you're looking at it. we'll show you the inside, also taken in one shot. it is 384 square feet. on the market for $1.7 million. admittedly, there you go, there's some land that goes with it, and this is going to be a teardown, but it's on the market. and it has been around for, gosh, 80 years this was built in the 1940s. originally as a small hunting sort of house. and it survived all this time on a cul-de-sac on the corner lot on the cupertino/los altos border so. super, super prime real estate here in silicon valley, and it went for over asking price. i'm told it got multiple overbids for a tiny, tiny house. it just tells you -- you'd think, really small house, $1.7 million, which is still admittedly -- that's
scott budman took a look at a small home in silicon valley today with a stunning price tag. we were talking about it during the break. so tell us about this. >> here's the thing, this is the least expensive home in cupertino. you think, wow, $1.7 million. here's the stunning thing, this is 384 square feet. >> oh wow. >> that's it. that's the whole thing right there. you're looking at it. we'll show you the inside, also taken in one shot. it is 384 square feet. on the market...
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Apr 20, 2024
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let's bring in our business and tech reporter, scott budman. especially around here, i see a lot of these driving around town now. >> we're starting to see them out in the wild, raj. >> is this bad luck or mismanagement or problems at the fremont facility? >> it's hard to say exactly what it is, but it's a whole bunch of things that have gone wrong. even if the past few weeks with tesla, they missed their sales numbers by quite a bit. you can blame that on whatever. but the fact is there's competition. people aren't buying as many evs. bottom line, less money coming in to tesla. so they announced 10% layoffs. that's a lot of people. >> that's common with all the companies. >> we're seeing some trimming certainly. this is just bad news. there's nothing that you can blame except yourself when you're a company that has a faulty product. the cybertruck is their new, shiny thing out there. like you said, we're starting to see them. people are very excited that there's a new ev, and this truck, and it's kind of exciting to get a new release. the fact
let's bring in our business and tech reporter, scott budman. especially around here, i see a lot of these driving around town now. >> we're starting to see them out in the wild, raj. >> is this bad luck or mismanagement or problems at the fremont facility? >> it's hard to say exactly what it is, but it's a whole bunch of things that have gone wrong. even if the past few weeks with tesla, they missed their sales numbers by quite a bit. you can blame that on whatever. but the...
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Apr 2, 2024
04/24
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KNTV
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our scott budman is talking to investigators about all the stuff that's stolen. >>> we're also tracking other
our scott budman is talking to investigators about all the stuff that's stolen. >>> we're also tracking other