Tesla’s 3% jump on news of a potential Trump-brokered 15% tariff deal with the EU is another reminder of how much this stock loves a good headline. Tariffs like these would likely raise costs for European automakers exporting to the US, indirectly giving Tesla a stronger competitive footing in its home market—and perhaps offering a cushion to offset some of its recent sales and margin pressures.

After a rocky few months, Tesla’s rebound is turning heads. The stock is eyeing that key $330 resistance level, and this kind of trade policy tailwind could give bulls just enough momentum to push for a breakout. However, the real question is whether the fundamental story is turning around, or if this is just another relief rally.

If you’re a trader, this kind of setup is tempting: the chart is improving, sentiment has gone from doom to hope, and a clear news catalyst is in play. But Tesla is still facing major challenges—shrinking margins, tough competition, and uncertain demand growth. If you have a low-cost basis, holding a core position while trimming a little into strength isn’t a bad idea. If you’re on the sidelines, chasing after a big pop can be risky unless the stock clears $330 on strong volume and positive follow-through.

In short: Tesla’s headline momentum is back, and a breakout above $330 is on the table if the news flow stays positive. But the fundamental risks haven’t disappeared. For now, holding with a trailing stop, or selling a small piece into the rally, lets you ride the upside while protecting gains in case the excitement fades.