Used versions:
TESSY V4.3.8
HighTec TriCore V4.9.4.1
Lauterbach Trace32 TriCore Instruction Set Simulator R.2021.02.000134592

Note: Please read the TESSY application note for using Trace32 to enable the remote API in the config.t32 file.
You do have start a Trace32 instance before starting an execution in TESSY.
[+]C:\Program Files\Razorcat\TESSY_4.3\Documentation\Targets\015 Using TRACE32.pdf