24-Jul-2026
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Tesla's post-earnings slump puts these ETFs in focus
Seeking Alpha News (Thu, 23-Jul 7:27 AM ET)
The Fund seeks daily investment results, before fees and expenses, of 1.25 times (125%) the daily percentage change of the common stock of Tesla Inc, (NASDAQ: TSLA). Tesla, Inc. (TSLA) designs, develops, manufactures, leases, and sells electric vehicles, energy generation and storage systems in the United States, China, and internationally. The company operates in two segments: automotive,energy generation and storage.
Graniteshares 1.25X Long Tsla Daily ETF trades on the NASDAQ stock market under the symbol TSL.
As of July 24, 2026, TSL stock price declined to $11.43 with 804,000 million shares trading.
TSL has a beta of 2.58, meaning it tends to be more sensitive to market movements. TSL has a correlation of 0.35 to the broad based SPY ETF.
TSL has a market cap of $8.34 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, TSL traded as high as $23.03 and as low as $5.13.
TSL has underperformed the market in the last year with a price return of -3.7% while the SPY ETF gained +17.7%. TSL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -22.2% and -28.6%, respectively, while the SPY returned +3.8% and -2.1%, respectively.
TSL support price is $11.22 and resistance is $12.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TSL shares will trade within this expected range on the day.
