Direxion Daily TSLA Bull 2X Shares (TSLL)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
TSLL Chart
Elon Musk Reaffirms Commitment to Tesla
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.
TSLL Can Help Traders Juice Their Tesla Trading Performance, But Beware The Risks
Direxion Daily TSLA Bull 2X Shares ETF is a leveraged ETF aiming for 2x TSLA's daily return, designed for active traders seeking to amplify their Tesla, Inc. trading performance. My bullish outlook on TSLA, driven by Tesla's autonomous robotics, Robotaxi program, and closed-loop ecosystem, supports a BUY rating for the TSLL ETF. TSLL's daily reset can amplify gains or losses, making it crucial to understand the risks in holding shares beyond a single day.
TSLL: Lucrative, But Most Suitable For Investors With A Large Risk Appetite
Direxion Daily TSLA Bull 2X Shares offers double the daily movement of Tesla, but comes with significant risk due to its leveraged nature. Loss recoupment and volatility are critical factors; negative movements impact TSLL more severely than equivalent positive movements, making it unsuitable for long-term holding. Tesla's recent earnings were underwhelming, but future growth potential lies in autonomous driving, energy storage, AI, and robotics.
Direxion Daily TSLA Bull 2X Shares Dividends
| TSLL 5 months ago Paid | Quarterly | $0.14 Per Share |
| TSLL 6 months ago Paid | Other | $0.3 Per Share |
| TSLL 8 months ago Paid | Quarterly | $0.08 Per Share |
| TSLL 11 months ago Paid | Quarterly | $0.08 Per Share |
| TSLL 19 Mar 2024 Paid | Quarterly | $0.08 Per Share |
Direxion Daily TSLA Bull 2X Shares Earnings
| TSLL 5 months ago Paid | Quarterly | $0.14 Per Share |
| TSLL 6 months ago Paid | Other | $0.3 Per Share |
| TSLL 8 months ago Paid | Quarterly | $0.08 Per Share |
| TSLL 11 months ago Paid | Quarterly | $0.08 Per Share |
| TSLL 19 Mar 2024 Paid | Quarterly | $0.08 Per Share |
Direxion Daily TSLA Bull 2X Shares (TSLL) FAQ
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Direxion Daily TSLA Bull 2X Shares Profile
| NASDAQ (NGS) Exchange | US Country |
Overview
The fund operates as a specialized investment vehicle focused primarily on Tesla, Inc. (TSLA), a major player in the electric vehicle and clean energy sector. By investing a minimum of 80% of its net assets, along with any borrowed funds, directly into TSLA securities or financial instruments that offer leveraged exposure to TSLA, the fund aims to capitalize on the performance of Tesla. This approach indicates a high concentration strategy, making the fund non-diversified. Such a strategy is designed for investors looking for targeted exposure to Tesla's market actions, with the added element of leverage potentially amplifying the outcomes of these investments.
Products and Services
- Investment in TSLA Securities
- Leveraged Financial Instruments
This core service involves directly investing in Tesla Inc.'s stocks or bonds. The fund targets to allocate at least 80% of its net assets towards TSLA securities. This focused investment aims to provide investors with a dedicated exposure to Tesla, capitalizing on its growth and market performance.
The fund also engages in transactions with financial instruments such as swap agreements and options that are designed to provide leveraged exposure to Tesla. This means the fund not only invests in Tesla’s securities directly but also seeks to magnify the returns through leverage. These instruments can increase the potential gains (or losses) in relation to Tesla's stock performance, thus offering a higher risk-reward ratio compared to direct investments.
Contact Information
