<ul><li>Tesla shares are surging in premarket trading following reports of US and China agreeing to roll back tariffs on each other's goods for 90 days.</li><li>Premarket prices indicate that Tesla (TSLA) may reach a $1 trillion valuation again, a level not seen since late February.</li><li>Both the S&P 500 and Dow Jones Industrial Average were also up in premarket trading, with Tesla stock up about 8.2%.</li><li>The US and China have agreed to lower reciprocal tariffs on each other by 115% for 90 days, with both sides aiming for more balanced trade.</li></ul>

Tesla (TSLA) poised to hit $1 trillion valuation again amid reports of Trump China deal

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