After a long descent
Tesla share surprisingly grants
04/08/2025 – 8:14 p.m.Reading time: 2 min.
The Tesla share has been in free fall for weeks. Now the course suddenly increases. The stock exchanges also recover after the crash on Monday.
The Tesla share has been on a descent since the beginning of the year. The aggressive Elon Musk as a consultant on the side of US President Donald Trump, the more the sales of his vehicles. The prospects of the carmaker clouded over even further through the punitive tariffs. On Tuesday, however, the share turned into the plus and noted at around 224 euros. This means an increase of around 7.5 percent.
That fit into the stock market trend of the day. Driven by hopes for negotiations on the tariffs imposed by US President Donald Trump, Europe’s stock exchanges have closed. The German stock index (DAX) recorded an increase of 2.48 percent on Tuesday. In London the leading index FTSE 100 rose by 2.71 percent, in Paris the CAC40 increased by 2.50 percent, the FTSE MIB in Milan by 2.44 percent.
Previously, the Wall Street had also recorded significant profits at the beginning of the trade. On Tuesday, the three important indices on the New York Stock Exchange were more than three percent up, but lost some of these profits in the morning.
However, there is still room for discussions between Europe and the USA. The Landesbank Baden-Württemberg stated: “The Minister of Commerce of the EU countries tried to show unity at their yesterday-they pursue a both-as-also strategy and signal the willingness to take countermeasures on the one hand.”
The strongest industries were insurers, financial service providers as well as travel and leisure values with winnings between 3.9 and 4.1 percent. Industrial values were also above average in demand at a plus 3.6 percent. Commission President Ursula von der Leyen had proposed that the EU and the United States should overturn all tariffs to industrial goods. Trump rejected this, but there were also hopeful reactions from US governmental circles.
The last battered technology values increased by 3.1 percent. The chip machine manufacturer ASML attracted 4.3 percent as a heavyweight after Samsung was pleasantly surprised in the first quarter with a stable operational profit.
On the other hand, the recovery of the banking sector was slightly below average. The crisis in the global economy could lead to credit cases, estimates Ulrich Stephan. Deutsche Bank’s capital market strategist said: “Growth worries and the high uncertainty could put a strain on the banks’ credit growth and the high market fluctuations could dampen the fusion and takeover activities of the companies and reduce bank commissions- according to investors”.
