Direxion Daily TSLA Bear 1X Shares Price & Performance (TSLS)

Tesla's stock has been under pressure, with some investors turning to inverse ETFs like Direxion Daily TSLA Bear 1X Shares (TSLS) to capitalize on price declines. TSLS provides daily inverse exposure to Tesla's stock, but its high expense ratio and short-term focus underscore the risks of these strategies.123

Short interest in Direxion Daily TSLA Bear 1X Shares (TSLS) dropped by 23.8% in February, signaling a shift in investor sentiment. Despite this, TSLS remains a popular tool for traders betting against Tesla's stock, which has faced headwinds from declining revenues and external challenges.453

As Tesla's stock continues to experience volatility, ETFs like TSLS and TSLL are drawing attention. While TSLS offers bearish exposure, the high leverage and short-term nature of these funds require careful consideration, especially as Tesla faces both operational and market challenges.126