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

Jump Financial LLC recently acquired a significant stake in the Direxion Daily TSLA Bear 1X Shares ETF, investing $563,000 for nearly 70,000 shares. This move reflects growing institutional hedging against Tesla’s stock, which has faced pressure from economic uncertainty and company-specific headwinds. The ETF’s price remains volatile, tracking Tesla’s daily inverse movements.12

As Tesla’s earnings approach, investor anxiety is mounting due to concerns over demand, government incentive shifts, and CEO Elon Musk’s political involvement. The Direxion Daily TSLA Bear 1X Shares ETF could benefit if Tesla’s stock continues its downtrend, with many watching for signals in tomorrow’s results to gauge future direction.23

The Direxion Daily TSLA Bear 1X Shares ETF has dramatically underperformed the S&P 500 over the past year, posting a -63.88% return versus the index’s 9.44% gain. This stark contrast underscores the risks of bearish single-stock ETFs, especially during periods of resilience in broader equity markets.31