GraniteShares ETF Trust - GraniteShares 2x Long Tesla Daily ETF Price & Performance (TSL)

GraniteShares has announced significant changes to its leveraged and inverse ETFs, including new names and investment objectives. Effective May 2025, certain funds will adjust leverage factors to target daily performance of +2, -2, or -1 times their underlying stocks. This marks a strategic shift aimed at aligning with evolving market dynamics.1

Palantir-linked ETFs experienced steep declines after U.S. military budget cut rumors surfaced. The stock dropped 15% following a previous 10% fall, reflecting concerns over its reliance on government contracts. Analysts are divided, with some suggesting overvaluation and others seeing potential resilience. Retail investors remain heavily involved in the stock's movement.2

Single-stock leveraged ETFs are becoming increasingly popular among retail investors, now representing nearly 8% of ETF assets. However, experts warn of their significant risks, including amplified losses and high fees. These ETFs are best suited for short-term strategies, as their performance can diverge from underlying stocks over time.3