Direxion Daily TSLA Bull 2X Shares

TSLL

Market cap $6.33B

Some of these risky funds have been missing their goals, Morningstar says.

Shares of Tesla (TSLA) fell 1.30% two weeks ago, after the EV giant reported mixed third-quarter results. Elon Musk's company said overall revenue rose 12%.

Tesla (TSLA) stock is usually evaluated through the prism of electric vehicles (EVs), and rightfully so. After all, Elon Musk's company is the largest domestic EV manufacturer and one of the largest makers of those vehicles in the world.

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.