12/23

Why is TSLZ Down Today After Tesla Rally

The T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) closed down 3.94% to $2.31 on December 23, as Tesla Inc. (TSLA) shares rose 2.45% to $431.38, driven by positive sentiment around its Q4 delivery expectations. Analysts from Barclays and other firms have projected Tesla's Q4 deliveries to exceed expectations, boosting investor confidence and driving the stock higher. This optimism comes despite broader market volatility and a recent pullback influenced by the Federal Reserve's hawkish outlook for 2025. The S&P 500 remains resilient, less than 3% below its all-time high, with mega-cap stocks like Tesla reasserting their dominance.