Tesla Is Up 10% — So Why Are These 2X TSLA ETFs Heading in the Opposite Direction?
Tesla Inc. NASDAQ:TSLA shares gained nearly 10% between Sep. 8, 2025, and Oct. 9, 2026, but five daily 2X leveraged Tesla ETFs, designed to deliver twice Tesla’s daily returns, posted losses of roughly 13.5% to 17.2%. More surprisingly, the funds recorded a 370-basis-point gap in returns despite ta…

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