this guy is worth $2 billion, elon musk ceo of tesla motors.ax dollars? if he is worth that much money why does he need our tax dollars for his company? god love you if you want to buy an electric car to spend $100,000 on it that is your business but why do you need taxpayer dollars to do it? the average person doesn't realize what these programs are all about and that's where their tax dollars are going. >> he is very good at getting taxpayer dollars. 10 in from there. 465 from the government. now as they go forward "the washington post" had editorial on electric cars if you build it they woken come. the old addage who killed the electric car, secretary chu, may have killed the electric car. model after model across the board, whether the volt, they're all disappointing sales. consumers are not interested. melissa: got to run. mark, thanks for coming on. have a great weekend. >> thank you. >> time for today's energy report. today's biggest headlines and their impact on the economy. solyndra is may be bankrupt. solyndra is seeking $1.5 billion

[ticking] >> this is the first all-electric sports car, the roadster, made by tesla motors. >> yeah, u can floor it, no problem. it'll be fine. >> all right. here i go. you ready? the chairman of tesla, elon musk, says the roadster can accelerate from 0 to 60 in four seconds. it's propelled by more than 6,000 finger-sized laptop batteries and not a single drop of oil. welcome to 60 minutes on cnbc. i'm lesley stahl. in this edition, we look at the business of powering the planet. we meet a group of overnight millionaires getting rich from gas dug out of rocks. we also take a look at the financial promise of an emerging science known as synthetic biology. and finally, we examine an alternative car fuel that you probably never heard of: laptop computer batteries. we begin with an unconventional process for extracting natural gas from shale, a dense rock formation two miles underground. it's being touted as the hope of the future, the answer to our energy problems. and if you're sitting on top of it, you may become a new american phenomenon: a shaleionaire. and yet, as we all know, explo

the first of 12 being planned for spaceex and that is a company run by elan mosk who also runs tesla motors. >>> 4:55. the olympic torch will take the long road. while in russia organizers say for the 2014 games, they say the relay route will measure more than 40,000 miles as it weaves across the country. the torch will visit 2900 towns inside russia. this will be the longest route in olympic history. to put that into perspective, that's like circling the globe one and a half times. >> the key is just keeping that torch illuminated the whole time. i've carried one before and actually have it in my closet. >> fascinating. >> i guess not really, but it's there. let's check in with mike to see if something is more fascinating on the roads. >> right over here the bay bridge. not a lot of headlights here. in the east bay we do have 680, i told you about the issue where the deer was hit at sycamore valley road. it sounds like all lanes have been cleared. north and southbound moving smoothly. san ramon down toward the dublin interchange, a little yellow but speeds dipping down towards 60. no incid

it was founded by the co-founder of pay pal and tesla motors. >> and coming up next, latest on a fungal meningitis outbreak. >> a study thinking twice about what our brains do when we sleep. >> there is still taking your questions on twitter and facebook. and over on twitter, i'll answer questions right here, live in just a little bit. >> and from our mount tam camera looking south, blue skies and broken low clouds and skinny streaks of low clouds. what will tomorrow's skies bring? i'll have the forecast coming up. >> there is smooth sailing in both directions. >>> checking healthy living news fungal meningitis outbreak climbed to 105 case was eight deaths linked to steroid shots for back pain. the cdc says nine states have reported cases and so far none in california. four here have received shipments of the potentially contam nated drug from a pharmacy linked with this outbreak. and there are experts predicting the number of cases will grow. >> there are over 17,000 viles sent to 76 clinics. as they look they're going find more this, fungus grows slowly. you can see cases for a month.

commission awarded $20 million in grants for transportation projects, including $10 million to fremont tesla motorsmed at producing a new all electric suv. they plan to match the grant with $50 million. the state expects the project to generate more than 500 new manufacturing jobs. >>> investigators in los angeles are trying to figure out how a man carrying weapons made it past airport security. pictures here of those weapons. clubs, knives, and a hatchet. police say he was caught wearing a bullet proof vest last friday. he traveled from japan to korea and then into the united states. >> he had to go through screening to get on the plane and why it didn't raise suspicion with screeners, we are trying to figure out. >> he is charged with one count of transporting hassereds materials. >>> -- hazardous materials. >>> owners are assessing damage after a fire. they expressed surprise when they showed up this morning to see what the fire had done. >> it hurts really bad. you know, i mean it is like 8 years of hard work. you know, it is -- all finished. >> crews were called to the shopping center after 1:

. >>> the ceo of tesla motors is trying to calm fear about a company financial report. the documents raise the questions about cash flow, and tesla's production line, falling behind schedule. in a blog post, elan were musk calls the report a worst case scenario. >>> president obama face-to- face with his challenger mitt romney. after the break, we ask bay area democrats and republicans what impressed them tonight. >> and a lot cooler tonight, how the trend will impact the rest of you're week. bill martin back with the complete bay area forecast. two. you get them for less than department stores, and that's awesome. three. she'll think you look stylish and awesome. four. you'll actually be awesome, which is awesome. t.j.maxx and marshalls. two awesome ways to score. >>> our election 2012 coverage continues now. amber lee attended two parties. she's live with why some supporters arrival mitt romney won tonight's debate. >> reporter: frank, we're at extreme pizza here in downtown walnut creek, where president obama supporters came to cheer him on. this partisan crowd was fi

. >>> the ceo of tesla motors is trying to calm fear about a company financial report. e documents raise the questions about cash flow, and tesla's production line, falling behind schedule. in a blog post, elan were musk calls the report a worst case scenario. >>> president obama face-to- face with his challenger mitt romney. after the break, we ask bay area democrats and republicans what impressed them tonight. >> and a lot cooler tonight, how the trend will impact the rest of you're week. bill martin back with the [ male announcer ] this is the opposite of subliminal advertising... there's no subtext... just tacos. yeah, it's our job to make you want it. but honestly... it's not that hard. old el paso. when you gotta have mexican. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. >>> our election 2012 coverage continues now. amber lee attended two parties. she's live with why some supporters arriv

the company is run by billionaire a cofounder of paypal that runs tesla motors. >>> right now we arealking to rob on the weather and whether it will stay gorgeous like it did this weekend. >> yeah. we did have some beautiful weather. most of the highs inleft hand in the mid-70s. looks like we saved the nicest weather for the big bay area weekend. it is chilly out there. low 50s already in santa rosa. mid-40s by tomorrow morning. 59 san jose. 58 in san francisco. and a little bit of a sea breeze still out there around fairfield. the on shore winds picked up today. you may have noticed the plu angels. we had blow clouds west of the golden gate. that was a staple of the afternoon along with cooler temperatures. san francisco a high of 60 degrees. tonight we will see patches of low clouds returning. maybe mist in a few spots tomorrow morning along the does. our afternoon tomorrow a is cooler as more clouds spill in. here the change. not only cooler temperatures but maybe a chance of seeing a few showers especially in the south bay and the santa cruz mountains. the satellite-radar view sh

tesla motors installing what they call a super charger in a gilroy outlet mall to give its electric cars a quick jolt. >> basically we want people to think of this car as any other car they would own. there's no sacrifice or compromise. they don't have to think of it in a limited way. >> tesla's electric model s can in 30 minutes get a charge that will take it 150 miles where the company has put another such charging station. san gabriel who charges up regularly, he appreciates it. >> as long as it's on a main thoroughfare it's wonderful. now you can charge while you're grabbing a burger at in and out or just shopping. you'll be charged and ready to g it's free. >> tesla brand name is becoming more and more well-known and as they ramp up their marketing efforts and locating the charging stations all over the west coast, you know, again, i think it's a perfect fit. >> now all this is great if you have this car. but electric cars in general have been slow to catch object. right now, one tenth of one% of all cars made in america plug in. that qualifies as a slow to adopt technology. >> i wo

and you would short the heck out of tesla because tesla was specifically -- of course, tesla motors' rman comes out today and provides an update. i mean, first solar and tesla are just pure shorts in a romney administration. whoa! >> yeah. >> does the market at large have to reprice what they thought was going to happen in 33 days? >> i think a lot of people are going to read stories about how romney was able to raise more money. i think politics is a money game. and i think it's an easier -- having done that at one point in my career, it's an easy call today to say, listen, you saw a guy, you know, kick some money in here. and instead of giving the money to a senate race, you give it to romney. >> take a look at the in-trade chart. throughout the debate, we saw that dropping in terms of chances for obama to be re-elected. i'm wondering, do you buy into the notion that perhaps stock futures are up this morning because it is perceived that romney did well in this debate? >> stock futures were up 7 1/2, at the top of the debate when it looked like he was really winning. at 4:00 a.m., th

motor city lost a quarter of its population in a ten-year period when its car manufacturing plants close. gm is making a comeback. >> all my friends drive cadillacs and lincolns. >> reporter: we have tesland a vibrant downtown. but san francisco's mayor says he can relate to what detroit's going through. >> detroit's coming back, as well. and we're both coming back for good reasons in america. we need to bring hope to our residents. >> reporter: it's customary that both mayors have a bet with one another. but i'll bet they're hoping their team wins. >> this is the tigers' second trip to the bay area. they were here a few weeks ago to play oakland. if you're lucky to go to the game, take caltrain or b.a.r.t. both will be running extra trains. >>> later in this newscast we sit down with jeremy affeldt. he has three good luck charms that guaranteed his team make it to the world series. >>> the giants ended the nlcs in the rain. will they start the series in it, as well? another system is headed our way. jeff is in the weather center. >> we're tracking this next storm. it's starting to lineup. hopefully we'll be able to take the live h.d. camera network. and look at the current temperatures