01:53 PM EDT, 10/11/2024 (MT Newswires) -- Consumer stocks were mixed Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.

In corporate news, Tesla (TSLA) shares tumbled 8%. The company's "We, Robot" event lacked details and updates on several important fronts, leaving analysts at Morgan Stanley and Oppenheimer disappointed.

Delta Air Lines ( DAL ) shares added 0.8% after the company said a slower rate of capacity growth should help drive revenue acceleration in Q4.

Stellantis ( STLA ) shares fell 2.4%, a day after the carmaker said Chief Executive Officer Carlos Tavares will retire in early 2026 and a search for a new CEO started. The company also announced several key management changes. Doug Ostermann was named chief financial officer, succeeding Natalie Knight, who is leaving.