Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
The latest downward revision comes from Loup Ventures co-founder Gene Munster, who says Tesla will likely fall short of delivery expectations.Investingread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade tensions weighed on the...Energy Commoditiesread more
No timetable has been set on returning the money to outside investors in Tepper's Appaloosa Management, sources say.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.Trading Nationread more
President Donald Trump was expected to formally announce the aid plan later in the day at the White House.Politicsread more
U.S. tariffs on Chinese goods are hurting an unintended target as the trade war with China rages, an International Monetary Fund study finds.Marketsread more
"The company is one disastrous mess," Lutz said in a "Squawk Box " interview. "There's no question Elon is a genius creator, a dreamer. The world needs people like that. The trouble is they usually can't run things very well."
Tesla did not immediately respond to CNBC's request for comment.
Tesla's stock was 12 percent lower in Friday's premarket, a day after Musk was sued by the Securities and Exchange Commission for alleged fraud. Musk was accused of making false and misleading statements in an Aug. 7 tweet about potentially taking Tesla private. The take-private idea has since been abandoned.
Tesla and the SEC were close to a no-guilt settlement, but Musk reportedly pulled out of the agreement at the last minute.
Thursday evening, Tesla and the company's board issued a statement backing the CEO, saying Musk has "integrity," and his leadership "has resulted in the most successful U.S. auto company in over a century."
Lutz, a longtime critic of Tesla and Musk, has claimed the electric car maker is "hemorrhaging cash" and because of the federal investigation, the SEC will not let it make a capital raise.
"They will never make money on the Model 3 because the cost is way too high," Lutz said earlier this month. It's an automobile company that is headed for the graveyard. "
Musk had been acting erratically for months even before the take-private tweet.
In May, Musk rudely cut off analysts on Tesla's first-quarter earnings call. He apologized during the second-quarter call in August.
Musk was also launching tweetstorm after tweetstorm all summer as he was dealing with production problems for the company's new, less-expensive sedan, the Model 3.