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If You Invested $1,000 In The Tesla Bear Daily ETF At IPO, Here's How Much You'd Have Now

Benzinga Real-time News ·  Nov 15, 2022 16:54

Electric vehicle companyTesla Inc(NASDAQ:TSLA) has been one of the top performing stocks of the last five and 10 years. As the company faces increased competition in the electric vehicle space, investors have often bet against the automaker.

A handful of bearish ETFs for Tesla have popped up. Here's a look at how one has performed.

What Happened:In July, theAXS TSLA Bear ETF(NASDAQ:TSLQ) launched fromAXS Investments. The ETF offered investors the opportunity to be bearish on Tesla and utilize an ETF instead of shorting the stock themselves.

The ETF was one of several...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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