Yesterday, I purchased shares of TSLQ at $16.61. Shortly after, the price dropped further, hitting a new 52-week low. Surprisingly, I don’t regret the decision. For context, TSLQ is a 2x inverse ETF that aims to deliver twice the opposite daily performance of Tesla’s stock (TSLA). So when TSLA goes up, TSLQ tends to fall—and vice versa. Tradr 2X Short TSLA Daily ETF (TSLQ) Yesterday, Tesla’s stock rallied significantly, but I remain bearish on the company’s outlook, and I see the recent rally as a short-term reaction, not a sustainable trend. Tesla Motors (TSLA) Why I’m Still Bearish on Tesla? Falling European Sales: The EV maker's sales in Europe have now declined for four consecutive months, a trend that shouldn't be ignored. Europe is a crucial market for EV adoption, and continued weak
Musk and Trump "Split"? Is Tesla Stock Now Safe or in a Pit?
Musk officially announces he is about to leave the Trump administration. Tesla plans to launch its Robotaxi service on June 12 in Austin, Texas. Despite recent rally, Tesla is still down 11% YTD. ----------- Will you feel more confident on Tesla as Musk commits to focusing on TESLA? Do you believe Robotaxi will really launch this year? Will tesla head to $400? Or overbought?
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