(TSLT) T-REX 2X Long Tesla Daily - Overview
ETF Category: Trading--Leveraged Equity | Exchange: BATS (USA) | Market Cap: 258m USD | Total Return: 5.5% in 12m
Avg Turnover: 61.9M
Warnings
Choppy
Tailwinds
No distinct edge detected
TSLT is a leveraged exchange-traded fund designed to provide 200% of the daily price performance of Tesla, Inc. (TSLA). The fund maintains this exposure by investing at least 80% of its net assets in financial instruments, such as swap agreements, that track the underlying stocks movements. Because the fund resets daily, it is categorized as a high-risk trading vehicle rather than a long-term investment.
Tesla operates within the consumer discretionary sector, focusing on the design and manufacture of electric vehicles and energy storage systems. The business model integrates hardware production with proprietary software and a global network of charging infrastructure. Investors may find it useful to evaluate TSLTs risk profile against other leveraged products on ValueRay. This non-diversified fund is subject to significant volatility, reflecting the price swings of a single equity security compounded by leverage.
- Tesla vehicle delivery volume and global market share trends
- Federal Reserve interest rate policy affecting consumer auto financing
- Daily rebalancing costs and compounding decay in volatile markets
- Battery production scaling and raw material cost fluctuations
- Regulatory developments regarding Full Self-Driving technology and safety standards
As of May 29, 2026, the stock is trading at USD 22.84 with a total of 2,130,763 shares traded.
Over the past week, the price has changed by +11.80%,
over one month by +34.83%,
over three months by +11.66% and
over the past year by +5.45%.
T-REX 2X Long Tesla Daily has no consensus analysts rating.