Tesla’s Shocking Plunge: Inside the Wild Night for Wall Street – What’s Next for Apple, Lululemon, and the Bond Market?
Markets reel after Tesla and Lululemon shares plummet. Here’s what to expect next on Wall Street and what savvy investors are watching for Friday.
- Tesla falls 14% in a day, and is now 42% off December highs
- Lululemon plunges 23% after hours despite beating estimates
- Apple shares drop 20% YTD ahead of WWDC 2025
- U.S. 10-year Treasury yield stands at 4.39%
The stock market delivered a rollercoaster after-hours, sending shockwaves through portfolios as tech titans and retail giants tumbled. The S&P 500’s pressure escalated after Tesla’s historic 14% nosedive. Lululemon also spiraled down, and Apple faces big questions right before its much-hyped Worldwide Developers Conference.
Let’s break down what shook the markets—and what to expect before Friday’s opening bell.
Why Did Tesla Shares Crash So Hard?
Tesla stock endured one of its worst nights in years, sliding 14% on Thursday. In just five days, shares look like a steep mountain range, now resting 42% below their December 2024 peak. Investors scrambled as influential funds like Ron Baron’s Focused Growth Fund saw 8% of their holdings tied up in Tesla, while Cathie Wood’s ARK Venture Fund maintained nearly a 6% exposure.
Both funds survived the storm—up 8% and 1% this past month, respectively—but the pain is real. As the rivalry between Donald Trump and Elon Musk heated up online, Wall Street weighed in, bracing for more volatility.
For official market insights and financial news, check CNBC or Bloomberg.
What’s Up With Lululemon and Broadcom?
Lululemon suffered a staggering 23% after-hours loss. Although the athletic apparel leader topped Wall Street’s first quarter estimates, it cut its annual outlook due to economic headwinds. The market response was swift—and brutal.
Broadcom shares were another casualty, tumbling over 4% despite beating both revenue and profit expectations. Some traders, including leading “Fast Money” personalities, warned the stock still might have room to fall.
Read more trending sector shifts at MarketWatch.
Is Apple Headed for a Bounce or More Pain?
Apple’s stock is down 23% since the post-Christmas rally, and has shed roughly 20% in 2025. Anticipation is high and nerves are raw, with the annual Worldwide Developers Conference set to rock headlines Monday. Investors hope new product news and AI innovation will reverse Apple’s slide.
You can follow the latest Apple developments at Apple.
How Are Bond Yields Shaping Friday’s Moves?
Friday’s May jobs report could alter the market mood. Right now, key Treasury yields show:
- 10-year note: 4.39%
- 30-year and 20-year: 4.88%
- Shorter-term T-bills: yield from 4.25% (1-month) to 4.34% (3-month)
High-yield corporate bond ETFs offer juicy returns—with some, like XCCC, boasting yields north of 10%. But the risks remain amplified as the Fed watches inflation and the job market closely.
More on bonds and ETFs at Fidelity and iShares.
What’s the Outlook for Investors Now?
It’s a tense moment. While Microsoft bucked the trend with an all-time high, uncertainty reigns as traders await the latest payrolls numbers and next week’s tech headlines. Economists and pundits will be glued to “Squawk Box” for instant insights.
How to Navigate the Volatility: Pro Tips
Q: Should I panic sell these big names?
A: Seasoned investors recommend reviewing your portfolio, not reacting emotionally. Focus on long-term fundamentals and diversify.
Q: Which sectors look resilient?
A: Tech and retail face turbulence; energy and select financials have shown steadier returns in 2025.
Q: How can I protect my gains?
A: Consider stop-loss orders for risky positions, review exposure to volatile funds, and look at short-term bonds for stability.
What to Watch Next: Action List
Stay ahead of Wall Street’s next move. Follow these steps to navigate the chaos:
- 📧 Sign up for the daily Stocks @ Night newsletter for after-hours recaps and tomorrow’s snapshot.
- 📊 Tune in for Friday’s jobs report at 8:30 a.m. ET—market-moving data ahead.
- 🤳 Watch out for Apple’s major announcements at WWDC next week.
- 📈 Rebalance your portfolio to account for rising volatility and shifting momentum.
- 📰 Check Nasdaq and The Wall Street Journal for breaking updates.
Ready for Tomorrow? Don’t Miss Another Move!
- Review stocks and funds for outsized risk
- Monitor high-yield and short-term bond trends
- Watch Apple, Tesla, and Lululemon for rebound signals
- Stay connected with reputable market news and insights
