Stock Track | Direxion Daily TSLA Bull 2X Shares Plunges as Tesla Faces Challenges
Direxion Daily TSLA Bull 2X Shares , an exchange-traded fund that seeks to provide 2x daily leveraged exposure to the performance of Tesla, Inc. , plummeted by 5.34% on October 7, 2024, at 11:02 am. This sharp decline can be attributed to various headwinds facing Tesla, as reported in several news articles.One of the significant challenges for Tesla was the downgrade by Jefferies, a prominent investment bank. Jefferies analysts downgraded Tesla from a "Buy" rating to "Hold," citing concerns abou