Traders Embrace TSLL Amid Tesla Stock Decline

Reported 1 day ago

Tesla Inc. shares fell 14% recently, leading to a turbulent day for its leveraged ETF, TSLL, which plummeted 28.5%. Contrary to expectations, traders flooded in with $142 million in investments for TSLL despite the drop, indicating strong confidence in a rebound. This year, TSLL has faced a 60% decline, yet has amassed $3.1 billion in inflows, while other ETFs like TSLY and TSLQ saw mixed trends in investor activity.

Source: YAHOO

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