Direxion Daily TSLA Bull 2X Shares

TSLL

Market cap $7.71B

Give Tesla (TSLA) stock some credit. While its year-to-date gain of nearly 11% trails the S&P 500, it's doubled off its April trough — a feat accomplished despite sluggish sales and the removal of the federal electric vehicle (EV) tax credit, which had long been enticement for drivers to try EVs.

After spending significant time as the outcast/overt laggard in the magnificent 7, Tesla (TSLA) has snapped out of its funk. Even with a 2% dip on Sept.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Three summers ago, single-stock leveraged and inverse ETFs hit the market when AXS investments rolled out the first such fund in July 2022. Products from the likes of Direxion Investments, REX Shares, Leverage Shares, Defiance, and others followed rapidly.

Direxion Daily TSLA Bull 2X Shares ETF offers a tactical, high-risk, high-reward play for active traders seeking to capitalize on a short-term Tesla rebound after Monday's sharp selloff. Tesla's decline was driven by Elon Musk's political announcement, not fundamentals, creating a potential oversold bounce opportunity for disciplined traders. Technical analysis shows Tesla is testing key support levels, with a possible bounce if it holds above the EMA200. I think tight stop losses are essential.

The primary theme turbocharging the Magnificent Seven is the inclusion of artificial intelligence (AI). Tesla's launch of its AI robotaxi is signaling to its Mag Seven peers that the company is ready to compete with the big boys.

If you're going to be part of the Magnificent Seven, you better do something that's, well

As seasoned investors already know, the 24-hour news cycle can change markets quickly and swiftly. After weathering the tariff tantrum storm, downtrodden Magnificent Seven stocks are starting to look magnificent again thanks to U.S.-China trade deal news, but caution is always warranted.

Tesla's stock performance might be attracting a heavy dose of criticism when compared to its Magnificent Seven peers. However, CEO Elon Musk reaffirmed his commitment to the electric vehicle (EV) maker.