Bay Area Mansion at Auction, Cut From List Price

Dec. 28 (Bloomberg) –- A 15,000-square-foot mansion on Belvedere Island, an enclave north of San Francisco, will be put up for auction on Dec. 30 after the builder couldn’t find a buyer for the waterfront home he listed in January for $45 million. The starting bid is set at $25 million. Technology executives paying discounts to listed prices have been active buyers of luxury properties this year in the San Francisco Bay area, where the growth of social-media and Internet firms has created a new wave of millionaires. (Source: Bloomberg)

Why This Could Be a Tough Quarter for Tesla
04:32 - David Kirkpatrick, chief executive officer at Techonomy, and Bloomberg's Cory Johnson preview Tesla earnings and discuss the outlook for the company. They speak to Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)
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