Target Stumbles, Google Goes Premium, and Tesla’s Robotaxis Hit the Road
Target missed earnings expectations and now forecasts a full-year sales decline amid weak consumer spending, political backlash, and tariff headwinds; mortgage rates spiked to 6.92%, slashing application volume by 5.1%; Google announced a $249.99/month “AI Ultra” subscription and a smart glasses partnership with Warby Parker; Elon Musk confirmed Tesla will launch robotaxis in Austin by June, marking a major milestone for its FSD efforts; and Levi’s sold Dockers to Authentic Brands for $311 million, shifting focus to core denim and international direct-to-consumer expansion.
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