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Tesla faces major trial for alleged bias against Black workers, after years of lawsuits
Reuters3d agobearish
Tesla faces major trial for alleged bias against Black workers, after years of lawsuits

Sept 21 (Reuters) - A California agency's lawsuit accusing Tesla of allowing rampant race discrimination at its flagship assembly plant is set to go to trial on Monday, one of a ‌series of similar lawsuits being faced by the electric vehicle maker. Lawyers for Tesla and the California ‌Civil Rights Department will square off in Oakland before state Superior Court Judge Peter Borkon, who has scheduled the trial to run until October ​30.

No steering wheel, no problem: Can Tesla speed by Cybercab probe?
Yahoo Finance Video20d agobearishVIDEO
No steering wheel, no problem: Can Tesla speed by Cybercab probe?

Federal investigators have opened an investigation into whether Tesla's (TSLA) new Cybercabs comply with federal safety standards, just as the company begins testing its service in Austin, Texas. Market Domination host Josh Lipton is joined by Tom Narayan, RBC Capital Markets lead equity analyst for global autos, to discuss if the investigation jeopardizes the rollout and how Tesla is also trying to avoid an "Apple Maps moment."

Lululemon Falls on China Business; Tesla Cybercab Service | Stock Movers
Bloomberg20d 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.

China launches year-long auto quality drive, mandates defect recalls
Reuters28d agobearish
China launches year-long auto quality drive, mandates defect recalls

BEIJING, Aug 27 () - Chinese regulators on Thursday ordered automakers to file proactive recall plans for any defects uncovered in self-audits, ‌as part of a year-long campaign to improve vehicle quality ‌and safety in the world's largest auto market. Tesla and eight Chinese electric vehicle makers ​on August 21 announced fixes affecting a combined 4.