Stock Track | Direxion Daily TSLA Bull 2X Shares Plunges 5.06% After Hours as Tesla Reports Q2 Earnings Miss

Stock Track07-24

Direxion Daily TSLA Bull 2X Shares (TSLL) experienced a sharp 5.06% after-hours plunge on Wednesday following Tesla's release of its second-quarter earnings report. The leveraged ETF, which aims to deliver twice the daily performance of Tesla stock, dropped in response to Tesla's disappointing financial results.

Tesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year and slightly below analyst expectations of $22.79 billion. Earnings per share came in at $0.40, missing forecasts of $0.43 and representing a 23% decline from the same period last year. The company's automotive revenue, which accounts for the majority of its business, fell 16% to $16.66 billion.

Despite the earnings miss, Tesla did show some positive signs. The company's gross margin improved to 17.2% from 16.3% in the previous quarter, though still below last year's 18%. Tesla also reiterated its plans to begin production of a more affordable vehicle model in the second half of 2025, which could potentially drive future growth. However, the overall results and near-term challenges, including reduced regulatory credit income and potential impacts from changes in EV incentives, seem to have overshadowed these positives, leading to the sharp decline in the leveraged ETF.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1124460910?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-24 05:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1124460910","market":"hk","top_or_hot":-1,"title":"Stock Track | Direxion Daily TSLA Bull 2X Shares Plunges 5.06% After Hours as Tesla Reports Q2 Earnings Miss","media":"Stock Track","content":"<p>Direxion Daily TSLA Bull 2X Shares (TSLL) experienced a sharp 5.06% after-hours plunge on Wednesday following Tesla's release of its second-quarter earnings report. The leveraged ETF, which aims to deliver twice the daily performance of Tesla stock, dropped in response to Tesla's disappointing financial results.</p>\n\n<p>Tesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year and slightly below analyst expectations of $22.79 billion. Earnings per share came in at $0.40, missing forecasts of $0.43 and representing a 23% decline from the same period last year. The company's automotive revenue, which accounts for the majority of its business, fell 16% to $16.66 billion.</p>\n\n<p>Despite the earnings miss, Tesla did show some positive signs. The company's gross margin improved to 17.2% from 16.3% in the previous quarter, though still below last year's 18%. Tesla also reiterated its plans to begin production of a more affordable vehicle model in the second half of 2025, which could potentially drive future growth. However, the overall results and near-term challenges, including reduced regulatory credit income and potential impacts from changes in EV incentives, seem to have overshadowed these positives, leading to the sharp decline in the leveraged ETF.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Direxion Daily TSLA Bull 2X Shares Plunges 5.06% After Hours as Tesla Reports Q2 Earnings Miss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Direxion Daily TSLA Bull 2X Shares Plunges 5.06% After Hours as Tesla Reports Q2 Earnings Miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-07-24 05:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Direxion Daily TSLA Bull 2X Shares (TSLL) experienced a sharp 5.06% after-hours plunge on Wednesday following Tesla's release of its second-quarter earnings report. The leveraged ETF, which aims to deliver twice the daily performance of Tesla stock, dropped in response to Tesla's disappointing financial results.</p>\n\n<p>Tesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year and slightly below analyst expectations of $22.79 billion. Earnings per share came in at $0.40, missing forecasts of $0.43 and representing a 23% decline from the same period last year. The company's automotive revenue, which accounts for the majority of its business, fell 16% to $16.66 billion.</p>\n\n<p>Despite the earnings miss, Tesla did show some positive signs. The company's gross margin improved to 17.2% from 16.3% in the previous quarter, though still below last year's 18%. Tesla also reiterated its plans to begin production of a more affordable vehicle model in the second half of 2025, which could potentially drive future growth. However, the overall results and near-term challenges, including reduced regulatory credit income and potential impacts from changes in EV incentives, seem to have overshadowed these positives, leading to the sharp decline in the leveraged ETF.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLL","symbol_name":"2倍做多TSLA ETF-Direxion","start_time":0,"source_url":"","article_id":"1124460910","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124460910","pubTimestamp":1753307448,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Direxion Daily TSLA Bull 2X Shares (TSLL) experienced a sharp 5.06% after-hours plunge on Wednesday following Tesla's release of its second-quarter earnings report. The leveraged ETF, which aims to...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLL":"2倍做多TSLA ETF-Direxion"},"translate_title":"股票追踪|Direxion Daily TSLA Bull 2X股价盘后暴跌5.06%，因特斯拉报告第二季度盈利未达预期","themeId":"98e5c6e903926ebb8631e73b7a65633c","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLL":1},"content_text":"Direxion Daily TSLA Bull 2X Shares (TSLL) experienced a sharp 5.06% after-hours plunge on Wednesday following Tesla's release of its second-quarter earnings report. The leveraged ETF, which aims to deliver twice the daily performance of Tesla stock, dropped in response to Tesla's disappointing financial results.\nTesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year and slightly below analyst expectations of $22.79 billion. Earnings per share came in at $0.40, missing forecasts of $0.43 and representing a 23% decline from the same period last year. The company's automotive revenue, which accounts for the majority of its business, fell 16% to $16.66 billion.\nDespite the earnings miss, Tesla did show some positive signs. The company's gross margin improved to 17.2% from 16.3% in the previous quarter, though still below last year's 18%. Tesla also reiterated its plans to begin production of a more affordable vehicle model in the second half of 2025, which could potentially drive future growth. However, the overall results and near-term challenges, including reduced regulatory credit income and potential impacts from changes in EV incentives, seem to have overshadowed these positives, leading to the sharp decline in the leveraged ETF.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1124460910","isCrawlerRequest":true}