
Tesla Inc. ($TSLA) shares are experiencing fluctuations in pre-market trading, attributed to the Producer Price Index (PPI) report, which showed an increase of 2.7%, slightly above the expected 2.6%. Investors noted a general downturn in the market, with some expressing optimism about potential buying opportunities. One trader reported purchasing 2,000 shares at $420.69 and later selling them for a profit of approximately $12,000. Others speculated on future price movements, with targets suggesting a rise to $450, while some analysts predicted a possible retreat to the $400 range. The overall sentiment among traders appears to be cautiously optimistic, with discussions surrounding Tesla's valuation and market position continuing.
