Stock Track | Direxion Daily TSLA Bull 2X Shares (TSLL) Soars 5.02% on Bullish Tesla Robotaxi Predictions

Stock Track12-15 22:32

Direxion Daily TSLA Bull 2X Shares (TSLL) surged 5.02% during the intraday session on Monday, mirroring the bullish sentiment around Tesla's stock (TSLA). As a leveraged ETF, TSLL aims to deliver twice the daily performance of Tesla, and its rise reflects growing investor optimism in Tesla's future prospects.

The rally follows a bullish report from Wedbush Securities, which predicts Tesla's market capitalization could exceed $2 trillion within a year, driven by its autonomous driving and Robotaxi initiatives. Wedbush analyst Dan Ives highlighted Tesla's accelerating Robotaxi rollout and its potential to dominate 70% of the global autonomous driving market, reinforcing the company's long-term growth trajectory.

At the time of writing, Tesla shares were up 1.1% in pre-market trading, further fueling the leveraged gains in TSLL. The report underscores Tesla's pivotal role in the AI and autonomous driving revolution, which continues to attract investor confidence.

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