The T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) closed up 1.19% at $2.13 on January 21, as Tesla Inc. (TSLA) shares fell 0.54% to $424.19. The decline in Tesla's stock was influenced by President Donald Trump's announcement to revoke the electric-vehicle mandate, which overshadowed a price target increase from Piper Sandler. Despite the analyst's optimistic outlook, predicting a rise to $500 per share due to Tesla's AI potential, the market reacted negatively to the political developments. The uncertainty surrounding the regulatory environment for electric vehicles contributed to the downward pressure on Tesla's stock, which in turn benefited the inverse ETF.