Direxion Daily Tesla bull (TSLL) and bear (TSLS) shares trade on the NASDAQ, which allow traders to magnify or achieve inverse exposure to Tesla's stock performance. TSLL aims for 200% of Tesla's daily performance while TSLS targets 100% of the inverse. The shares are intended for active traders with high risk tolerance and should not be held for periods longer than a day. It emphasizes careful consideration of the funds' objectives, risks, and expenses as outlined in the prospectus before investing, highlighting Tesla's significance and volatility in the tech market.
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00:00Direction Daily, Tesla bull 2x shares trading on the Nasdaq as TSLL and bear 1x shares trading
00:09on the Nasdaq as TSLS seek daily investment results of 200% or 100% of the inverse respectively
00:17of the performance of the common shares of Tesla Inc.
00:20Trade these funds and acquire the ability to magnify or be inverse exposure to Tesla
00:25stock.
00:26Tesla has had a wild ride as it rose to one of the most valued stocks in tech.
00:31Poor sales and a controversial CEO have led to the stock dropping significantly from its
00:36peak.
00:37However, there is still reason to believe that the company will transform the way we
00:41live our lives.
00:42You trade TSLL when you think Tesla shares are likely to go up in the short term, gaining
00:47the ability to double the exposure for a single day.
00:50You trade TSLS when you think Tesla is likely to go down in the short term, gaining the
00:55ability to achieve inverse exposure for a single day.
00:58You'd only trade these funds as an active trader with high risk tolerance, since the
01:03funds should not be expected to provide their diversified, leveraged goals for periods greater
01:07than a day.
01:08Before investing, consider the fund's investment objectives, risks, charges, and expenses contained
01:14in the prospectus available at Direction.com.
01:17Read carefully to ensure a full understanding of the risks that leveraged funds entail.
01:22Love it or hate it, Tesla is one of the biggest names in tech.
01:25It is an innovative company with an eye on the future, working hard to usher it in.
01:30Direction Daily, Tesla Bold 2x shares and Baird 1x shares should only be answered by
01:34the boldest of risk-ready traders.