Tesla is trading 3.37% up at €291.00 after Swedish union IF Metall announced on August 13, 2026, that it will suspend its nearly three-year industrial action against Tesla from August 19.
- IF Metall said Tesla bought out all striking members, leaving the conflict without effect.
- Bloomberg and Reuters reported the development, making it the clearest company-specific catalyst for the gain.
- Broader technology-market strength also supports sentiment.