Tesla is trading 3.01% up at €289.30, supported by broader gains in growth and technology stocks after July U.S. PPI was unchanged month over month versus expectations for a 0.2% increase.
- The S&P 500 and Nasdaq Composite were up 0.67% and 0.89%, respectively.
- Recent concerns about Tesla scaling back its Full Self-Driving ambitions may weigh on confidence, but do not explain today’s gain.