tesla's stock price is going up by 3% in the premarket on thursday. this is because people think the company is doing well. also, the government is making it cheaper to borrow money, which is good for companies like tesla. this is because people can afford to buy more cars. in addition, tesla is selling a lot of cars in china, which is a big market for them. so, many people are excited about buying tesla's stock and think it will keep going up. Read from source...

"Why Tesla Stock Is Rallying About 3% Higher In Thursday's Premarket", that is evident in its composition. The narrative relies heavily on Elon Musk's opinions and his apparent struggles with higher interest rates. The narrative does not critically engage with empirical data, such as the drastic reduction in global EV sales since 2022, which could offer a more nuanced perspective. Rather, it makes baseless assumptions and promotes a narrow and optimistic viewpoint that may not represent the broader market reality.

Positive

Reasoning: The Tesla stock has shown an optimistic trend with a 3% rally in Thursday's premarket session. The cut in the Fed funds rate and indications of a strong performance in China have contributed to this positive sentiment.

Tesla's stock is rallying about 3% higher in Thursday's premarket after electric vehicle maker showed strength in China. Demand for EVs has been lackluster since 2022 due to high interest rates and inflation, but the recent Fed rate cut could help Tesla and other EV makers as it lowers borrowing costs for consumers. In China, Tesla registered 15,600 new vehicles in the week of September 9-15, data from Li Auto showed, with Tesla on track for its best quarter in China ever. Risks include continued economic uncertainty, changes in government policy towards electric vehicles, and increased competition from other EV manufacturers.