Latest news with #TSLL
Yahoo
24-07-2025
- Automotive
- Yahoo
Tesla ETF Drops as EV Maker Faces 2Q Earnings Challenge
Tesla Inc. (TSLA) shares plunged Thursday after the electric vehicle maker reported disappointing second-quarter results the night before, dragging down leveraged ETFs tied to the stock. The Direxion Daily TSLA Bull 2X Shares (TSLL), a fund designed to deliver double the daily return of Tesla, was hit especially hard, falling 18% midday as Tesla stock dropped 9%. The electric-vehicle maker reported adjusted earnings per share of $0.40, short of Wall Street's expectations of $0.42. Revenue also missed, coming in at $22.5 billion versus $22.64 billion expected. Sales were down 12% year over year, marking Tesla's steepest annual revenue decline since 2012. Tesla Hits Speed Bump The earnings miss wasn't entirely unexpected. Earlier this month, Tesla revealed it delivered only 384,000 vehicles in the second quarter, a 14% drop from a year earlier. But the poor results reinforced the mounting challenges facing Tesla's core EV business—challenges CEO Elon Musk acknowledged directly. 'We probably could have a few rough quarters,' Musk said on the company's earnings call. 'I'm not saying that we will, but we could. Q4, Q1, maybe Q2.' So far in 2025, Tesla shares are down 25%, while TSLL has plunged 62%, reflecting the leveraged ETF's amplified exposure. Long-term Projects Drive Optimism Despite the sell-off, Tesla stock remains within the broad trading range it's occupied for the past five years. The weakness in the EV business—fueled by increasing competition, softening demand, and Musk's polarizing public profile—has been partially offset by investor optimism around Tesla's longer-term projects. That includes Tesla's robotaxi initiative, which launched limited supervised service in Austin, Texas, last month. Musk said the company hopes to expand ride-hailing operations quickly. 'As we get the approvals and prove out safety, we will be launching the autonomous ride-hailing across most of the country. ... I think we will probably have autonomous ride-hailing in probably half the population of the U.S. by the end of the year.' Musk also provided an update on Tesla's humanoid robot, Optimus, saying the company expects to unveil prototypes of the third generation by year-end and scale production in 2026. 'We will scale Optimus production as fast as possible and try to get to a million units a year as quickly as possible. ... We think we can get there in less than five years.' For now, Tesla's lofty ambitions in autonomous vehicles and robotics are helping cushion the blow from a struggling EV business. But unless fundamentals improve, the stock's ability to stay afloat may depend more on future dreams than present-day | © Copyright 2025 All rights reserved
Yahoo
03-07-2025
- Automotive
- Yahoo
TSLL Surges Despite Big Drop in Tesla Deliveries
The Direxion Daily TSLA Bull 2X Shares (TSLL) surged nearly 10% on Tuesday after Tesla Inc. (TSLA) reported a steep year-over-year decline in second-quarter vehicle deliveries—though the numbers weren't as bad as some feared. Tesla delivered approximately 384,000 vehicles during the second quarter, down 13.5% from a year earlier and similar to the 13% drop seen during the first quarter. While the result came in just below the 387,000 vehicle figure analysts were expecting, it was a relief to investors who had braced for an even steeper decline of 20% or more. Tesla has been under pressure in 2025 due to rising competition in the electric-vehicle space and reputational issues stemming from CEO Elon Musk's political activity and controversial presence on X. But bulls are betting that the worst may be over. Musk has dialed back his political involvement and continues to push hard to achieve Tesla's ambitions in autonomous driving and robotics. The company began small-scale robotaxi services in Austin, Texas, in June, raising hopes that Tesla can evolve into more than just a carmaker and become a broader tech platform powering autonomous vehicles and robotics. For aggressive traders, TSLL has been one of the most popular tools to bet on a Tesla rebound. The fund has attracted $4.2 billion in inflows this year and now manages $5.5 billion in assets. But performance has been painful. Despite Tuesday's rally, TSLL is down 57% year to date, compared to a 22% drop in Tesla shares. And while the latest delivery numbers weren't a disaster, they're unlikely to be a long-term catalyst on their own. Tesla still faces big questions around demand for its EVs and the capabilities of its autonomous vehicle technology. For now, the stock remains in a holding pattern, which isn't ideal for a leveraged ETF. Choppy price action can be punishing for funds like TSLL, which aim to amplify short-term moves but often lose ground in sideways markets due to the effects of daily compounding. TSLL bulls are hoping for a sharp rebound in Tesla shares, perhaps sparked by meaningful progress in the company's robotaxi rollout or a more dramatic shift in investor | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
SPYV Attracts $730M in Assets Amid US-China Trade Talks
The SPDR Portfolio S&P 500 Value ETF (SPYV) pulled in $729.6 million on Monday, boosting its assets under management to $26.7 billion, according to data provided by FactSet. The inflows came as the S&P 500 edged 0.1% higher while U.S. and Chinese officials held trade talks in London with expectations of progress on critical mineral exports. The Direxion Daily TSLA Bull 2X Shares (TSLL) attracted $491.7 million, while the Vanguard S&P 500 ETF (VOO) gained just under $362 million. The iShares Core S&P 500 ETF (IVV) collected $270.9 million and the JPMorgan Ultra-Short Income ETF (JPST) pulled in $257.1 million. The SPDR S&P 500 ETF Trust (SPY) saw outflows of $868.7 million despite the market gains. The Direxion Daily Semiconductor Bull 3x Shares (SOXL) lost $335.3 million, while the iShares Russell 2000 ETF (IWM) experienced outflows of $243.8 million. The SPDR Dow Jones Industrial Average ETF Trust (DIA) shed $192.8 million, and the iShares Bitcoin Trust ETF (IBIT) lost $130.5 million. U.S. fixed-income ETFs collected $591.3 million in net inflows, while U.S. equity ETFs gained $550.7 million. Commodities ETFs attracted nearly $347 million, and international fixed-income ETFs pulled in $289.2 million. Overall, ETFs gained $1.8 billion for the day. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPYV SPDR Portfolio S&P 500 Value ETF 729.55 26,700.70 2.73% TSLL Direxion Daily TSLA Bull 2X Shares 491.68 5,076.24 9.69% VOO Vanguard S&P 500 ETF 361.97 667,824.41 0.05% IVV iShares Core S&P 500 ETF 270.90 591,554.50 0.05% JPST JPMorgan Ultra-Short Income ETF 257.14 31,464.60 0.82% BND Vanguard Total Bond Market ETF 230.98 127,024.03 0.18% CGDV Capital Group Dividend Value ETF 221.61 17,534.50 1.26% GLD SPDR Gold Shares 215.45 100,492.13 0.21% XLF Financial Select Sector SPDR Fund 192.33 49,579.84 0.39% SGOV iShares 0-3 Month Treasury Bond ETF 185.82 48,542.95 0.38% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust -868.68 608,991.13 -0.14% SOXL Direxion Daily Semiconductor Bull 3x Shares -335.28 11,720.54 -2.86% IWM iShares Russell 2000 ETF -243.79 61,911.67 -0.39% DIA SPDR Dow Jones Industrial Average ETF Trust -192.78 38,360.41 -0.50% IEI iShares 3-7 Year Treasury Bond ETF -187.29 15,240.97 -1.23% MUB iShares National Muni Bond ETF -155.16 38,056.45 -0.41% JEPQ JPMorgan NASDAQ Equity Premium Income ETF -131.75 26,212.98 -0.50% IBIT iShares Bitcoin Trust ETF -130.49 69,069.26 -0.19% IJR iShares Core S&P Small Cap ETF -113.14 78,155.77 -0.14% TLT iShares 20+ Year Treasury Bond ETF -110.89 48,466.79 -0.23% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 7.43 10,004.46 0.07% Asset Allocation -2.65 24,988.97 -0.01% Commodities ETFs 346.99 216,505.24 0.16% Currency -57.65 140,253.25 -0.04% International Equity 206.94 1,815,025.11 0.01% International Fixed Income 289.17 293,376.66 0.10% Inverse -55.13 14,850.25 -0.37% Leveraged -50.29 120,708.20 -0.04% US Equity 550.74 6,878,671.64 0.01% US Fixed Income 591.27 1,662,867.62 0.04% Total: 1,826.80 11,177,251.40 0.02% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved
Yahoo
06-06-2025
- Business
- Yahoo
Traders Buy the Dip in TSLL as Tesla Stock Tanks
Shares of Tesla Inc. (TSLA) plunged 14% on Thursday in a brutal session that sent shockwaves through the leveraged Tesla ETF universe. The Direxion Daily TSLA Bull 2X Shares (TSLL) dropped a whopping 28.5% during the session, its second-worst day ever. You might expect investors to flee after a wipeout like that, but instead, they piled in. A combined $140 million flowed into the 18 U.S.-listed Tesla-focused ETFs on Thursday. Nearly all of that went into TSLL, which hauled in $142 million despite its double-digit drop. The surge in assets suggests dip-buyers are doubling down on the long side, betting on a rebound in Tesla shares. TSLL has now seen a whopping $3.1 billion in inflows year to date, bringing its total assets to just over $4 billion. That's down from a peak of more than $7 billion in May, reflecting steep price losses. So far this year, TSLL is down 60%, more than double Tesla's 25% decline. Far behind in Thursday's inflows tally was the YieldMax TSLA Option Income ETF (TSLY), which pulled in $6 million. That brought its year-to-date inflows to $514 million and pushed its total assets to $950 million, making it the second-largest Tesla ETF in the U.S. TSLY sells covered calls on Tesla stock to generate income, trading upside potential for monthly yield. While that strategy cushions some downside, the ETF is still heavily exposed to Tesla's share price. Year to date, the fund is down 21%, a bit better than Tesla's 25% slide. Interestingly, the big winner on Thursday—the Tradr 2X Short TSLA Daily ETF (TSLQ), which gained nearly 29%—lost assets. Investors pulled $2.5 million from the bearish fund, suggesting traders weren't eager to press short bets after the drop. Still, TSLQ has taken in $255 million so far this year and now manages around $480 million, making it the third-largest Tesla-focused | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-06-2025
- Automotive
- Yahoo
TSLL, TSLQ See Big Swings as Musk/Trump Rift Escalates
Shares of Tesla Inc. (TSLA) plunged Thursday as tensions between CEO Elon Musk and President Donald Trump spilled into public view, shaking investor confidence in one of the market's most volatile stocks. Tesla was down nearly 9% midday after President Trump expressed frustration with CEO Elon Musk over his criticism of the administration's flagship tax bill. Speaking to reporters at the White House, Trump said he was 'very disappointed' in the Tesla chief. The bill in question—which passed the House and is now being debated in the Senate—includes both tax cuts and spending reductions but is still expected to significantly increase the federal deficit. Musk has been vocal in his opposition, calling the legislation fiscally irresponsible. He also flagged the proposed elimination of electric vehicle and solar tax credits, which could dent demand for Tesla's cars and energy products. 'Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched (very unfair!!), but ditch the MOUNTAIN of DISGUSTING PORK in the bill,' Musk posted on X. Trump, for his part, claimed Musk's outrage stems from the loss of the tax credits, as well as Trump's decision to block Musk's preferred candidate to lead NASA. The sharp war of words is a remarkable turn for a relationship that once resembled a political "bromance." Musk spent an estimated $200 million to $300 million helping to elect Trump and republicans during the 2024 campaign—a fact he reminded followers of in a pointed post Thursday. 'Without me, Trump would have lost the election,' Musk declared. That kind of rhetoric may not sit well with Trump—or with Tesla investors already nervous about the company's trajectory. Some may be selling on fears that Musk's fraying relationship with the White House could complicate Tesla's regulatory path, particularly in areas like autonomous vehicles. That's a concern for investors who've increasingly pinned their hopes on robo-taxis and humanoid robots to justify Tesla's lofty valuation. The company's core EV business has struggled over the past year, and its brand has taken a beating among Democrats due to Musk's growing involvement in partisan politics. Now, there's a risk of alienating Republicans, too. The Direxion Daily TSLA Bull 2X Shares (TSLL) cratered 18% midday Thursday, while the Tradr 2X Short TSLA Daily ETF (TSLQ) rallied by a similar | © Copyright 2025 All rights reserved Sign in to access your portfolio
