Stock Track | Direxion Daily TSLA Bull 2X Shares Soars 5.11% as Tesla Sales Surge in South Korea and China
Stock Track12-03 23:04
Direxion Daily TSLA Bull 2X Shares (TSLL) surged 5.11% during the intraday session on Wednesday, reflecting strong performance in Tesla's stock. As a leveraged ETF, TSLL aims to deliver twice the daily returns of Tesla (TSLA), making it highly sensitive to Tesla's stock movements.
The rally follows reports of Tesla's robust sales growth in key markets. In South Korea, Tesla's sales more than doubled in November, driven by strong demand for models like the Model Y. Additionally, Tesla reported a 10% year-on-year increase in sales of China-made electric vehicles, with deliveries reaching approximately 86,700 units. These positive sales figures highlight Tesla's continued global demand, fueling investor optimism and driving the surge in TSLL.
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