Stock Track | Direxion Daily TSLA Bull 2X Shares Plunges 5.58% Despite Tesla Stock Surge
Direxion Daily TSLA Bull 2X Shares , a leveraged ETF designed to deliver twice the daily performance of Tesla stock, plummeted 5.58% on Wednesday, April 9, 2025. This sharp decline came as a surprise to many investors, given that Tesla's stock actually surged by 12-23% on the same day.The contrasting movements between TSLL and Tesla stock can be attributed to the nature of leveraged ETFs and the timing of market events. Tesla's stock rally was primarily driven by President Donald Trump's announc