Tesla’s $25B CapEx Splurge Spooks Investors, Trump Weighs Rescuing Spirit Airlines

The Rundown · Apr 23, 2026 · 9m

Market update for Thursday April 23, 2026

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In today’s episode:

Tesla beat on profit and free cash flow, but Elon’s new $25 billion spending plan on robots, robotaxis, and AI made investors nervous.

Lululemon named former Nike exec Heidi O’Neill as its next CEO as the brand tries to turn around its struggling U.S. business.

Texas Instruments surged on strong earnings, while ServiceNow sank as software investors stayed in full…