Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei is developing its own operating system for smartphones and laptops, but the company says it would only be used in "extenuating circumstances."Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Stocks in Asia were mostly higher on Monday amid rising tensions between the U.S. and China.Asia Marketsread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Russian Energy Minister Alexander Novak said there were different options available for OPEC and its oil-producing allies in the second half of 2019, including a possible...Oilread more
The Australian Electoral Commission (AEC) on Monday said Morrison's coalition has won 75 seats in Australia's parliament, one seat short of a 76-seat majority.Electionsread more
U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any...World Politicsread more
SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Shares of the electric car company were halted for more than an hour Tuesday after Musk sent a string of tweets saying he is considering taking the company private. The stock closed up 11 percent.
"Nobody, when they're looking at a privatization, dangles this way and does this sort of teasing dance of choreography. Somebody only does this when they are trying to distract us with a shiny new thing," Sonnenfeld said on "Power Lunch. "
Tesla's stock first jumped after a tweet from Musk's verified Twitter account said, "Am considering taking Tesla private at $420. Funding secured."
In an email sent later to Tesla employees, Musk wrote, "a final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best."
He also said, "If the process ends the way I expect it will, a private Tesla would ultimately be an enormous opportunity for all of us."
Sonnenfeld, senior associate dean at the Yale School of Management and a CNBC contributor, said Tesla has operational problems and has lost 50 key staffers.
"There's a lot of problems here. He can't afford to build the new factory that he says he wants to build. This is a distracting strategy like attacking the press," he said.
Sonnenfeld thinks Musk has painted himself into a corner.
"If he's not serious ... how does he get out this right now?" Sonnenfeld said. "He needs some golden chariots to come down from the sky and save him. He'll invent that, he's pretty clever. There will be some reason why."
When asked to comment on Sonnenfeld's remarks, a Tesla spokesperson referred to Musk's email.
— CNBC's Robert Ferris contributed to this report.