Loading…
Loading…
TSLR does not currently pay a dividend.
See exactly how TSLR's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for TSLR and 80,000+ other tickers.
This GraniteShares ETF (TSLR) aims to deliver daily investment returns that, before accounting for fees and expenses, are two times (200%) the daily percentage fluctuation of Tesla Inc.'s common stock (TSLA). However, the fund's ability to consistently achieve this stated objective is not guaranteed. Furthermore, it's crucial to understand that the fund is not intended to deliver two times the cumulative return of TSLA when held for periods longer than a single trading day.
GraniteShares 2x Long TSLA Daily ETF (NASDAQ: TSLR - Get Free Report) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,623,060 shares, an increase of 50.2% from the February 12th total of 1,080,699 shares. Currently, 20.8% of the company's stock are short sold.
The Graniteshares 2x Long TSLA Daily ETF offers 2x daily exposure to Tesla's stock, ideal for short-term speculation. Leveraged ETFs, including this one, are not suitable for long-term holding due to value decay from daily resets and derivative time value loss. As long as we use an instrument for its intended use we will avoid category errors.
TSLR offers 2x daily leveraged exposure to Tesla, making it suitable for risk-tolerant swing traders seeking amplified short-term gains. We are bullish on Tesla due to Elon Musk's renewed focus, progress in robotaxi deployment, and significant AI investments fueling future growth. Leveraged ETFs like TSLR carry heightened risk, with losses harder to recoup and volatility potentially eroding returns over time.
Will Rhind, Graniteshares founder and CEO, joins CNBC's Bob Pisani to discuss how global investors are getting into the U.S. market with single-stock ETFs, the growing opportunity for these new products, risks to consider and more.
Wall Street delivered mixed performance last week.