Direxion Daily TSLA Bull 2X Shares (TSLL) surged 6.96% during the intraday session on Friday, mirroring the strong performance of its underlying asset, Tesla (TSLA.US), which briefly climbed over 3% after the market opened.
The rally in TSLL is part of a broader uptick in new energy vehicle stocks, with companies like XPeng, Li Auto, NIO, and Rivian Automotive also posting significant gains. Rivian Automotive, in particular, surged more than 16%, highlighting the sector-wide momentum driving investor optimism.
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