--- title: "Weekend Round-Up: Tesla's Balance Bike, Lucid's CEO Offensive And More" type: "News" locale: "en" url: "https://longbridge.com/en/news/293126737.md" description: "This week's business highlights include Tesla launching a sold-out balance bike and Lucid Group CEO refuting bankruptcy rumors. Meanwhile, San Francisco calls for stricter robotaxi regulations following traffic chaos, U.S. EV prices fell 4.5% in June, and Chinese automaker Geely challenges Tesla's European market share with rising UK registrations." datetime: "2026-07-19T12:41:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293126737.md) - [en](https://longbridge.com/en/news/293126737.md) - [zh-HK](https://longbridge.com/zh-HK/news/293126737.md) --- # Weekend Round-Up: Tesla's Balance Bike, Lucid's CEO Offensive And More This week was a whirlwind of activity in the business world, with stories ranging from **Tesla Inc.** launching a balance bike to **Lucid Group** CEO’s offensive against bankruptcy reports. Let’s dive into the top stories that made headlines. ## **Tesla’s Unexpected Bike Launch** Tesla’s online store, known for its unique merchandise, has added a new product to its mini Tesla section – a balance bike. The bike, which was spotted by Electrek, is currently sold out, but consumers can join an email list to be notified when more are available. The balance bike is expected to start shipping in late August. Read the full article here. ## **Lucid Group CEO Fights Bankruptcy Rumors** Lucid Group’s CEO, Napoli, has refuted reports of the automaker considering bankruptcy or going private, calling them “false”. He assured that Lucid has sufficient liquidity to fund its operations well into next year and that the leadership team is focused on turning the company around. A full update is expected during its upcoming earnings call. Read the full article here. **Read Also: Tesla’s Robotaxi Land Grab: Miami Added, Texas Fleet Grows** ## **San Francisco Mayor Calls For Stricter Robotaxi Rules** Following a traffic chaos caused by Waymo robotaxis, San Francisco’s Mayor Lurie has called for stricter regulations on autonomous vehicles. The mayor has written to the California Secretary of Transportation, urging the implementation of stricter safety requirements. Read the full article here. ## **EV Prices Fall Over 4%** The U.S. electric vehicle (EV) Average Transaction Price (ATP) saw a decline of 4.5% in June, despite the absence of Federal incentives for all-electric vehicles. The ATP for EVs in June was $56,238, marking a decline for the sixth consecutive month. Read the full article here. ## **Tesla’s European Comeback Challenged By Chinese EVs** Chinese automaker Geely is making waves in the UK, surpassing 1,000 UK registrations in a single month and expecting to double that figure within months. This could pose a challenge to Tesla’s European comeback. Read the full article here. **_Disclaimer:_** _This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._ _Image via Shutterstock_ **Read Also: Tesla Stock in the Spotlight: A Look at Upcoming Earnings, Analyst Activity, Technical Picture** ### Related Stocks - [GELYY.US](https://longbridge.com/en/quote/GELYY.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [00175.HK](https://longbridge.com/en/quote/00175.HK.md) - [TSL.US](https://longbridge.com/en/quote/TSL.US.md) - [LCID.US](https://longbridge.com/en/quote/LCID.US.md) - [GELHY.US](https://longbridge.com/en/quote/GELHY.US.md) - [TESL.US](https://longbridge.com/en/quote/TESL.US.md) - [TSLG.US](https://longbridge.com/en/quote/TSLG.US.md) - [TSLS.US](https://longbridge.com/en/quote/TSLS.US.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [TSLT.US](https://longbridge.com/en/quote/TSLT.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [LCDL.US](https://longbridge.com/en/quote/LCDL.US.md) - [TSLZ.US](https://longbridge.com/en/quote/TSLZ.US.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [TSLI.US](https://longbridge.com/en/quote/TSLI.US.md) - [TSLO.US](https://longbridge.com/en/quote/TSLO.US.md) - [TSLW.US](https://longbridge.com/en/quote/TSLW.US.md) - [TSLY.US](https://longbridge.com/en/quote/TSLY.US.md) - [TSYY.US](https://longbridge.com/en/quote/TSYY.US.md) - [TYYY.US](https://longbridge.com/en/quote/TYYY.US.md) - [CRSH.US](https://longbridge.com/en/quote/CRSH.US.md) - [TSLP.US](https://longbridge.com/en/quote/TSLP.US.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [SSTK.US](https://longbridge.com/en/quote/SSTK.US.md) - [80175.HK](https://longbridge.com/en/quote/80175.HK.md) ## Related News & Research - [2,139 Shares in Tesla, Inc. $TSLA Bought by MSA Advisors LLC](https://longbridge.com/en/news/294189253.md) - [Gary Black Compares Rivian’s R2 Launch to Apple Product Expansion, Tesla Launch of Model Y](https://longbridge.com/en/news/294550071.md) - [Top Selling Electric Vehicles in the World — June 2026](https://longbridge.com/en/news/294612978.md) - [China is starting to measure EV charging times in seconds, not minutes](https://longbridge.com/en/news/294378946.md) - [China says it opposes generalising national security threat after report of Tesla sale](https://longbridge.com/en/news/294473480.md)