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Tesla stock sinks after Musk gives tearful NYT interview

Tesla Inc’s shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times …read more Source: Reuters Tech News

Investors query funding costs at a private Tesla

Several Tesla Inc shareholders have told Reuters they are concerned that the electric car maker will have to pay …read more Source: Reuters Tech News

Tesla sinks after Musk opens up about going private tweet in NYT interview

Tesla Inc’s shares slumped as much as 9 percent on Friday after Chief Executive Elon Musk told the New …read more Source: Reuters Tech News

U.S. value stocks capitalize on ‘FANG’ stumbles, with room to run

The summer roller-coaster in two of the four big-cap ‘FANG’ names – Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent …read more Source: Reuters Tech News

Uber to push further into East Africa with services like Chap Chap

Uber [UBER.UL] the global ride-hailing company, is considering expanding into two other East African countries before the end of 2018, …read more Source: Reuters Tech News

Tesla shares sink after analysts warn on Model 3 margins, Musk interview

Tesla Inc’s shares slumped 8 percent on Friday after Chief Executive Elon Musk told the New York Times his …read more Source: Reuters Tech News

Uber opens Brazil center to improve driver, passenger safety

Ride-hailing company Uber Technologies Inc [UBER.UL] plans to open a 250 million reais ($64 million) center in Brazil to develop …read more Source: Reuters Tech News

Brazil mall executives shrug off looming Amazon.com expansion

Fears of e-commerce taking off in Brazil have sunk shares of the country’s big mall operators this year, but industry …read more Source: Reuters Tech News

Tesla’s Model 3 margins could be dented by costly powertrain: UBS

Electric carmaker Tesla Inc’s premium Model 3 sedan will not produce better profit margins than a conventional BMW …read more Source: Reuters Tech News

British watchdog says cryptocurrency scams on the rise

Cryptocurrency scams are using images of celebrities and upmarket London addresses to hoodwink consumers into parting with cash, Britain’s Financial …read more Source: Reuters Tech News