Stock Track | Direxion Daily TSLA Bull 2X Shares Plunges 5.03% in Night Session Amid Elon Musk Epstein File Revelations

Stock Track11:40

Direxion Daily TSLA Bull 2X Shares (TSLL) experienced a 24-hour plunge of 5.03% during the night session. The leveraged exchange-traded fund, which seeks daily investment results equal to 200% of the daily performance of Tesla, Inc., saw significant downward pressure.

The sharp decline appears linked to reputational concerns surrounding Tesla CEO Elon Musk, following the release of documents related to the Jeffrey Epstein case. Newly unsealed emails reveal that between 2012 and 2013, Musk exchanged multiple messages with the convicted sex offender, on several occasions directly and proactively expressing a desire to visit Epstein's private island. This contradicts Musk's previous public statements that he had refused Epstein's invitations. The revelations have sparked online debate questioning Musk's integrity, potentially contributing to negative sentiment toward Tesla and its related securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment