Phil LeBeau is a CNBC auto and airline industry reporter based at the network's Chicago bureau. He is also editor of the Behind the Wheel section on CNBC.com.
LeBeau has reported one-hour documentaries for the network, including "Dreamliner: Inside the World's Most Anticipated Airplane," "Ford: Rebuilding an American Icon" and "Saving General Motors" and "Failure to Recall: Investigating GM."
Prior to joining CNBC, LeBeau served as a media relations specialist for Van Kampen Funds in Oak Brook Terrace, Ill., and was instrumental in implementing an initiative to communicate the company's mutual fund and investment practices to the public and the press. While at Van Kampen, LeBeau held a Series 6 license.
Previously, he held general assignment reporting positions at KCNC-TV, the CBS affiliate in Denver, and KAKE-TV, the ABC affiliate in Wichita, Kan. LeBeau began his career as a field producer at WCCO-TV in Minneapolis, where he wrote, produced and researched consumer stories. He graduated from the University of Missouri-Columbia School of Journalism with a bachelor's degree in journalism and broadcasting.
Follow Phil LeBeau on Twitter @Lebeaucarnews.
I think hiring Blankenship was a smart move by Tesla CEO Elon Musk. Blankenship has worked at Gap and Apple , two companies with retail stores customers wanted to visit. Granted getting someone into a store to check out clothes or an iPod is far different from checking out a new car. Or is it?
Halfway through the year, it's becoming clear American auto buyers have re-discovered the two biggest American auto brands.
With Toyota reportedly on the cusp of another major recall, this time for faulty engines in 170,000 Lexus models worldwide, it's clear this company is far from getting out of the woods.
First of all, let's be clear about June auto sales. Yes, everyone will be up compared to June of last year. Big deal. June of last year the economy was even further in the tank, GM and Chrysler were in bankruptcy, and the auto industry was gasping.
Tesla is going public today under the symbol TSLA. To say this IPO has gone better than expected would be an understatement. It's pricing at $17 a share, above the range originally set out, and with the number of shares being offered expanding to 13.3 million, this IPO will raise more than $225 million dollars for Tesla.
Tesla, the high-end electric carmaker has expanded the number of shares it will offer when its stock starts trading this week. The company will now issue 20 % more stock at a price of $14-16 a share. All part of the Tesla plan to raise about $200 million.
Next week the country's largest automaker and one its smallest will both be scrutinized by Wall Street and investors.