The Direxion Daily TSLA Bull 2X ETF (TSLL) closed up 4.22% at $24.97 on February 4th, driven by a 1.65% rise in Tesla's stock price to $390.00. Tesla's recent earnings report highlighted a 7% increase in vehicle deliveries in Q4 2024 compared to Q3, despite a 2.2% y/y decline in total 2024 deliveries. The market responded positively to Tesla's ambitious plans for a robo-taxi fleet launch in June 2025, as well as progress in autonomous driving technology. Analysts view Tesla more as an AI company than a traditional automaker, with its focus on autonomy and energy solutions. The stock's movement reflects investor optimism about Tesla's long-term growth potential in AI and autonomous driving, despite short-term delivery challenges.