T-Rex 2X Long Tesla Daily Target logo

T-Rex 2X Long Tesla Daily Target (TSLT)

Market Closed
10 Aug, 20:00
BATS BATS
$
11. 46
+0.14
+1.2367%
$
113.53M Market Cap
- Div Yield
122,847 Volume
$ 11.32
Previous Close
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Day Range
11.17 11.55
Year Range
9.36 33.03
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TSLT: Robotaxi Is A Big Catalyst For Tesla, But Maintain Sell On TSLT

TSLT: Robotaxi Is A Big Catalyst For Tesla, But Maintain Sell On TSLT

T-Rex 2X Long Tesla Daily Target ETF's extreme volatility makes it a poor long-term investment for retail investors; I maintain my sell rating. Tesla's sales are weakening due to a stale product lineup and Elon Musk's increasingly polarizing public persona, risking further downside. Leveraged ETFs like TSLT can deliver outsized gains in streaky markets, but most investors are better off avoiding them due to compounding losses.

Seekingalpha | 1 year ago