Lola Bunny is a fictional cartoon character from Warner Bros. Studios. She is a female rabbit and has been established as having a romantic involvement with Bugs Bunny.

Lola's first and only major appearance was in the movie Space Jam, in which she was voiced by Kath Soucie. Lola's impressive basketball skills got her a spot on the Tune Squad, in which the Looney Tunes characters battled the villainous Monstars for their freedom, with help from Michael Jordan. The Tune Squad was victorious, and Lola kindled a romance with Bugs. Although she had turned down his earlier advances, she saw him in new light after he heroically saved her from injury by shoving her out of the path of a belly-flopping Monstar, getting himself painfully squashed in the process.

Lola's presence in Space Jam sparked a considerable amount of controversy amongst Looney Tunes fans. Many argued that the entire movie was a failed attempt to "update" the classic characters to the tastes of modern audiences. Another argument is that Lola's character as a "strong, independent female" who was at the same time excessively seductive has no place among the fallable human characteristics of the rest of the Looney Tunes (throughout the entire movie Lola suffers no injury, reverse or misfortune of any kind, on the court or off). As well, some argue that Bugs already has an established sweetheart in Honey Bunny, and that Bugs' boorish and chauvinistic behavior towards Lola are against his character. Regardless of the case, it is notable that Lola's appearances were notably throttled back after Space Jam, delegated to a few video games (although Lola regularly appears in solo stories in the monthly Looney Tunes comic published by DC Comics), despite rumors at the time of Space Jam's release that she would take her place among the other Looney Tunes stars. Today Lola is all but invisible to the public eye.

The controversy surrounding Lola is indirectly addressed in the film Looney Tunes: Back in Action, which was touted by director Joe Dante as repairing the damage done to the characters' personalities in Space Jam: Bugs pointedly asserts that he has no need for a female co-star, as he is fully capable of playing both male and female roles himself.