Direxion Daily TSLA Bear 1X Shares

TSLS

Market cap $82.6M

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.

Tesla is down over 20% for the year, but the rest of the electric vehicle (EV) industry isn't necessarily following that same trajectory. In countries like China, they're witnessing growth in EV sales.

Tesla's stock is down over 30% so far in 2025, especially after coming off a rough February. March could be a repeat performance, given the way it's started, opening opportunities for bearish traders.

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.

2024 was a record year for electric vehicles sales. EV sales reached 20% for the first time, according to a CNBC report.

With 2025 in full swing, the first months of the new year will begin with a spate of earnings from companies that occupy a significant portion of the S&P 500, namely tech. That said, Direxion has a suite of single-stock exchange-traded funds (ETFs) to watch.

Consumers looking to purchase an electric vehicle might feel compelled to do so thanks to holiday deals offered by manufacturers. This could help prop up Q4 sales for EVs, giving traders short-term opportunities in leveraged ETFs.