Stock futures dipped Monday ahead of U.S. inflation data later in the week and the start of the first-quarter earnings season.
jumped 3.3% in premarket trading after CEO Elon Musk said late Friday the electric-vehicle company would unveil its “robotaxi” on Aug. 8. The stock closed down 3.6% on Friday after a Reuters report said
was scrapping plans to build a lower-priced all-electric vehicle and instead would be focus on producing self-driving robotaxis. Musk denied the report soon after it was published in a tweet on X, his social-media platform.
was falling 1% on two pieces of news. First, CEO David Calhoun, who is stepping down earlier than expected at the end of the year, received nearly $33 million in pay last year, up 45% from 2022.
traded at about $330 a share when Calhoun took over as CEO in 2020, and…