🔴 Growth ETF (TESL) is trading 3.35% down in pre-market ahead of August 12, 2026 CPI data

TESL is trading at $12.54, down 3.35% from the August 11 close amid pre-CPI caution ahead of the August 12 inflation release, despite higher U.S. equity futures.

• Consumer discretionary is weaker; higher oil prices and mixed Asian markets reinforce demand and margin concerns.
• China’s July auto exports surged 88% year over year to 918,000, but domestic passenger-car retail sales fell 21%; macro positioning remains dominant.
• CPI implications include Treasury yields and Federal Reserve policy.