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Lululemon Falls on China Business; Tesla Cybercab Service | Stock Movers
Bloomberg15d agobearishVIDEO
Lululemon Falls on China Business; Tesla Cybercab Service | Stock Movers

On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated step in Elon Musk's effort to push the company away from its roots as an auto manufacturer. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards. - Robinhood (HOOD) is down as AMC Entertainment boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain's shares.

Stocks to Watch: Volkswagen, Lululemon, AMC
The Wall Street Journal15d agoneutral
Stocks to Watch: Volkswagen, Lululemon, AMC

↗️ Volkswagen (XE:VOW3): Shares jumped 6% after the German automaker’s supervisory board approved a plan to double job losses to 100,000 and halve its model portfolio as it contends with President Trump’s tariffs and intensifying competition from Chinese automakers.

Dow Adds 650 Points in Midday Rally
Barrons.com16d agobullish
Dow Adds 650 Points in Midday Rally

Stocks climbed as Wall Street let out a sigh of relief that bond yields ticked lower and the odds of a Federal Reserve rate hike fell. The S&P 500 gained 1%, and the Nasdaq Composite rose 1.4%. The Dow Jones Industrial Average added 1.

Tesla Prepares Cybercab Event in Austin as Robotaxi Rollout Develops
InvestorsHub17d agoneutral
Tesla Prepares Cybercab Event in Austin as Robotaxi Rollout Develops

Tesla (NASDAQ:TSLA) is set to hold an event for its purpose-built Cybercab robotaxi in Austin, Texas, on Thursday, as the electric vehicle company continues developing its autonomous driving operations. The event comes as Tesla tests Cybercab vehicles on public roads and develops its robotaxi service, while questions remain regarding regulatory approval and compliance with federal safety requirements.

Tesla’s Cybertruck Price Increase Shows  Cost Trumps Demand
Barrons.com24d agoneutral
Tesla’s Cybertruck Price Increase Shows Cost Trumps Demand

The dual-motor all-wheel drive version now starts at about $75,000, up from $70,000, according to Tesla’s website. Tesla, like other auto makers, is facing higher costs for everything from copper to memory chips. Price increases help offset cost inflation.

Tesla Is Raising Cybertruck Prices Even as Sales Drop 32%
Barrons.com25d agoneutral
Tesla Is Raising Cybertruck Prices Even as Sales Drop 32%

FEATURE Tesla recently raised prices for two trims of its avant-garde Cybertruck. The move is likely about costs, not demand. The dual-motor all-wheel drive version now starts at about $75,000, up from $70,000, according to Tesla’s website.

Elon Musk Says Tesla Is ‘Most Made in America’ Car Brand as Trump Tariffs Shake Up Auto Industry
Benzinga33d agoneutral
Elon Musk Says Tesla Is ‘Most Made in America’ Car Brand as Trump Tariffs Shake Up Auto Industry

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has backed the automaker’s domestic manufacturing prowess amid President Donald Trump‘s tariffs on the auto industry. Domestic Assembly, Domestic Parts On Saturday, podcast host Katie Miller took to the social media platform X, sharing a screenshot of a Wall Street Journal article outlining Ford Motor Co. (NYSE:F) and General Motors Co.‘s (NYSE:GM) domestic manufacturing push. “Every Tesla sold in the United States is assembled in the United States,” she sa