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ENCINITAS, Calif. (KGTV) - Construction is underway on bike and pedestrian improvement projects in North San Diego County.Paths will be built beneath the Interstate 5 overpasses at Santa Fe Drive and Encinitas Blvd.The work, which will cost .5 million, should be finished in late summer 2019.During construction, drivers can expect traffic delays. There will also be periodic noise and lights.“Construction activities have been designed to reduce impacts to anyone using these intersections,” said Caltrans Project Manager Arturo Jacobo. “While there will be narrowed lanes, we do not anticipate any lane closures during construction. Additionally, we are installing a temporary protected path for pedestrians and people on bikes, which now only exists along westbound Santa Fe Drive.”The projects are part of the North Coast Corridor Program, which will eventually add carpool lanes to I-5, double track the coastal rail corridor, provide walking and biking trails, and complete environmental restoration. 1017

Elon Musk's latest big idea is daring even by his standards: He wants to turn Tesla into a private company.He stunned investors on Tuesday with a tweet saying he had already lined up the funding, and he told employees that it would relieve the electric car company of the "enormous pressure" of Wall Street's expectations.In a letter to Tesla workers that was posted on the company's blog, Musk called his idea the "best path forward.""As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders," he wrote.He also said trading its stock publicly "means that there are large numbers of people who have the incentive to attack the company." Musk has complained repeatedly about short-sellers, who profit when Tesla stock drops.Musk, the CEO and largest shareholder, said on Twitter that the private funding valued Tesla at 0 per share. Tesla is already the most valuable automaker in the United States.The early afternoon tweet sent Tesla stock spiking by almost 9%. Trading in Tesla was halted for more than an hour before Tesla posted Musk's letter to employees on its blog. It finished up 11%, at 9.The stock had climbed slightly earlier in the day after the Financial Times reported that Saudi Arabia has quietly built a big stake in the company.At first, Tesla had declined comment on Musk's tweet, even as he casually engaged Twitter followers with more posts about his plans.Musk said that he hoped all current investors would stay with Tesla even if it went private. He said he would create a special fund to allow that. Fidelity, the investment firm, has such a fund for its stake in SpaceX, a separate private company also run by Musk.He pledged to hold on to his stake in the company, about 20%, no matter what. He said he was "super appreciative" of Tesla shareholders, and vowed to "ensure their prosperity in any scenario."Tesla has burned through cash while struggling to produce the Model 3, its lowest-priced electric car. That has driven the stock lower and raised concerns about whether Tesla will need to sell more shares to pay for expansion. Musk has insisted Tesla has no such need.Musk has also clashed repeatedly with critics, especially investors who have taken short positions on the stock, meaning they benefit when the price falls. He clashed with analysts on a contentious call after Tesla reported earnings three months ago.Gene Munster, managing partner at Loup Ventures and a top tech analyst, said the odds that Musk will take Tesla private were about one in three. But he said the idea made a certain amount of sense."Musk does not want to run a public company," Munster wrote on his website. "His mission for Tesla (to accelerate the globe's adoption of sustainable energy) is both grand and long-term, making it difficult to accommodate investors quarterly expectations."It would cost about billion to take Tesla private at 0 per share. Before Musk's tweet, Tesla had a market value of billion, already higher than that of General Motors or Ford, even though those companies are significantly larger and more profitable.In fact, Tesla has turned a narrow profit in only two quarters since it became a public company in 2010. Musk has vowed that the company will start turning a regular profit in the second half of this year.In a 2013 report, the SEC said companies can use social media outlets to announce important information, so long as they comply with regulations and "investors have been alerted about which social media will be used to disseminate such information."The SEC issued that report after Reed Hastings, the CEO of Netflix, used a Facebook post to congratulate Netflix's chief content officer on record-breaking viewership. Netflix stock moved higher as a result.Tesla said in a regulatory filing in 2013 that investors interested in keeping up with Tesla should follow Musk's account.The SEC declined comment on Musk's tweet.Musk has a history of outrageous behavior on Twitter.On April 1, amid rising market concerns about a cash crunch at Tesla, he tweeted an email announcing that Tesla would have to file for bankruptcy. The tweet was apparently an April Fool's joke.Musk also faced intense public criticism after he suggested in a tweet that one of the rescuers of the Thai soccer team trapped in a cave was a pedophile.He later deleted that tweet and apologized for that exchange, but at least one analyst suggested Musk needed to get off Twitter to restore investor confidence in the company.After Musk, the next largest shareholders in Tesla are the mutual fund giants T. Rowe Price and Fidelity, with stakes of more than 9% and 8%, respectively, according to Thomas Reuters Eikon.Scottish money manager Baillie Gifford, which recently urged Musk to focus less on tweeting and more on running the business, is the fourth-largest shareholder, with a nearly 8% stake. Chinese tech giant Tencent owns almost 5%.James Anderson, a Baillie Gifford fund manager who recently called out Musk's tweeting in an interview with Bloomberg, had no comment about Musk's tweets on Tuesday. Fidelity and T. Rowe Price also declined comment.— CNNMoney's Donna Borak contributed to this report.The-CNN-Wire 5277

Electric cars now drive farther, charge faster and come in nearly every price range.But when GMC began promoting its Hummer EV pickup truck to be released this year, it became even clearer that electric cars are primed to go mainstream.Once the domain of environmentalists, then early adopters, EVs may soon have even truck bros kicking the gasoline habit.With many models now available or coming soon — including a knockoff of the lovable Volkswagen Microbus — you may be wondering if it’s finally time to buy or lease an EV.Here are the essential questions to answer before you do.(Full disclosure: I’m a convert myself after six years and 70,000 gas-free miles.)1. Can you afford an electric car?EVs tend to be pricy to buy but can be more affordable to lease. Finding federal, state and local government incentives can also reduce sticker shock. And, even if the monthly payment is higher than a comparable gas car, operating costs are lower.Gas vehicles cost an average of ,356 per year to fuel, tax and insure, while electric cost just ,722, according to a study by Self Financial. Find out how much you can save with the Department of Energy calculator.2. How far do you need to drive on a single charge?Although almost 60% of all car trips in America were less than 6 miles in 2017, according to the Department of Energy, the phrase “range anxiety” scared many would-be early adopters.Teslas became popular in part because they offered 250 miles of range. But the range of many EVs between charges is now over 200 miles; even the modestly priced Chevrolet Bolt can travel 259 miles on a single charge.Still, EVs have a “road trip problem,” according to Josh Sadlier, director of content strategy for car site Edmunds.com. “If you like road trips, you almost have to have two cars — one for around town and one for longer trips,” he says.3. Where will you charge it?If you live in an apartment without a charging station, this could be a deal breaker.The number of public chargers increased by 60% worldwide in 2019, according to the International Energy Agency. While these stations — some of which are free — are more available, most EV owners install a home station for faster charging.EVs can be charged by plugging into a common 120-volt household outlet, but it’s slow. To speed up charging, many EV owners wind up buying a 240-volt charging station and having an electrician install it for a total cost of ,200, according to the home remodeling website Fixr.4. What will you use the car for?While there are a few luxury electric SUVs on the market, most EVs are smaller sedans or hatchbacks with limited cargo capacity. However, the coming wave of electric cars are more versatile, including vans, such as the Microbus, and trucks, such as an electric version of the popular Ford F-150 pickup.5. Do you enjoy performance?This is where EVs really shine. According to automotive experts, electric cars beat their gas counterparts in these ways:Immediate response with great low-end acceleration, particularly in the 0-30 mph range.Sure-footed handling due to the heavy battery mounted under the car, giving it a low center of gravity.No “shift shock” from changing gears in a conventional gas car’s transmission.Little noise except from the wind and tires.Other factorsOnce you consider the big questions, here are other reasons to make an electric car your next choice:Reduced environmental guilt. There is a persistent myth that EVs simply move the emissions from the tailpipe to the power generating station. Yes, producing electricity produces emissions, but many EV owners charge at night when much of the electricity would otherwise be unused. According to research published by the BBC, electric cars reduce emissions by an average of 70%, depending on where people live.Less time refueling. It takes only seconds to plug in at home, and the EV will recharge while you’re doing other things. No more searching for gas stations and standing by as your tank gulps down gasoline.No oil changes. Dealers like a constant stream of drivers coming in for oil changes so they can upsell other services. EVs have fewer moving parts and require fewer trips to the dealership for maintenance.Carpool lanes and other perks. Check your state regulations to see if an EV gets you access to the carpool lane, free parking or other special advantages.Enjoy the technology. Yes, EVs are more expensive, but they also tend to offer top-of-the-line comfort, safety features and technology compared with their gas counterparts.More From NerdWalletDon’t Return Your Leased Car — Sell ItZooming More, Driving Less: When to Ditch Your CarIs That Nearly New Salvage-Title Car Really a Deal?Philip Reed is a writer at NerdWallet. Email: articles@nerdwallet.com. Twitter: @AutoReed. 4789

FALLBROOK, Calif. (KGTV) -- A North County baker who has lost thousands of dollars due to postponed or canceled weddings is trying to help neighbors and keep her business afloat at the same time. Jennifer Duarte said owning a bakery is a dream she’s had since she was a child.“There was a bakery close to my house and the lady worked in the window,” said Jennifer Duarte, owner of Elegance on Display. “I would go and I would just stand there and watch her and said, when I grow up I want to do that.” That’s what she did. She has owned Elegance on Display in Fallbrook for 15 years. With the COVID-19 pandemic—and her specialty being wedding cakes—she’s lost a decent chunk of income.“I had 50 weddings postponed… maybe eight of those are canceling completely,” Duarte said. She has three employees, two of which she had to lay off. She hopes to be able to rehire her employees, but for now, she’s just trying to stay in business. With some items, like eggs, hard to find on store shelves, she’s using her connections to provide a service to her neighbors and also make some up some of her lost income. “We can order bulk through our bakery supplier. Last week, I got flour, sugar, eggs, and butter,” Duarte said. She repackages it in smaller amounts to sell to her neighbors. She said she isn’t making a big profit, but the community has been great lending their support. “So many people realize that there’s not a huge mark up on it. They’ve been tipping or volunteering to help with deliveries,”she added. Duarte is also still making cupcakes, cookies, and small cakes for people who would like to place an order. “I’m just trying to bring a little joy to everybody who’s stuck at home. Cupcakes [and] cookies make everybody feel better,” Duarte said. She makes deliveries throughout Fallbrook, although you have to order ahead. You can also place an order for pick up. If you live outside the Fallbrook area, Duarte can deliver for a small fee. For more information, you can visit eleganceondisplay.com or email: eleganceondisplay@yahoo.com. 2055

ats in more than two dozen cities around the country to provide food to people waiting in long lines. About 250 food trucks have been deployed in 25 cities to deliver free food from “Shake Shack, Milk Bar and local favorites while playing music and celebrating civic engagement,” according to a statement.If the election process has made people stressed, Planet Fitness is offering a free workout and massage through November 8. They also want to remind folks standing in line at the polls to practice stress relief and keep their bodies moving: consider “shoulder shrugs”, feet and ankle stretches, squats, marching in place, and “box breathing” exercises. 2314

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