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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 tweet about taking the company private was not reviewed by anybody, and a brokerage raised doubts about the profitability of the electric carmaker's Model 3 sedan.

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 technology to improve safety for its riders and drivers, including for drivers to accept cash, a key payment method in its rapid expansion in Latin America, the company said on Friday.

Deontay Wilder Confronts Tyson Fury In Belfast, Real Or Fake?

Deontay Wilder and Tyson Fury just nearly came to blows after Fury's weigh-in in Belfast ... the question is -- do the guys REALLY want smoke or was it all for show? Or both? Fury is set to take on Italian rumbler Francesco Pianeta in Belfast…

Stormy Daniels Bails on 'Celebrity Big Brother' at the Last Minute

Stormy Daniels is persona non grata in the UK ... 'cause she's getting torn to pieces after bailing on "Celebrity Big Brother" after allegedly demanding and not getting more dough, but her lawyer's calling BS. Stormy was supposed to make her…

Brazil mall executives shrug off looming expansion

Fears of e-commerce taking off in Brazil have sunk shares of the country's big mall operators this year, but industry executives expressed confidence that local shopping habits, the reputation of malls as public spaces safe from crime and other factors will help them avoid the shakeout that has hit their U.S. peers.

LaVar Ball Was Adamant His JBA Players Get Paid

LaVar Ball's JBA league is now facing allegations from a former player that he got stiffed out of his full paycheck ... but, just last week, LaVar was adamant he's paying ALL of his guys. Brandon Phillips -- who played for the L.A. Ballers…

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 and the company could actually lose $6,000 on every base model due to higher costs for the powertrain, according to an analyst at UBS.

Wesley Snipes Busts Out Aretha Franklin's 'Mary, Don't You Weep'

Wesley Snipes took a crack at his favorite Aretha Franklin tune and it was ... super entertaining. We got the action star Tuesday night leaving Hyde nightclub on the Sunset Strip ... where he paid tribute to the Queen of Soul. Wesley…

Elon Musk Breaks Down During Interview

Elon Musk lost it during an interview as he talked about Ambien use, exhaustion and isolation. Musk boomeranged from laughter to tears during an interview with the NY Times. He acknowledged using Ambien, saying, "It is often a choice of no sleep or…

Angry Birds maker Rovio's games get sales boost

Rovio Entertainment , the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February.