If You Are Shorting Tesla Via The Axs Tsla Bear Daily Etf Tslq You Are In For Chronic Underperformance And Years Of Toil
Tesla’s detractors can now lose money via a brand-new investment vehicle that is not only mind-numbingly dumb but also very risky. To wit, AXS Investments has now launched first-in-class single-stock ETFs. Yes, you read that correctly. Instead of gaining exposure to a portfolio or an asset class, investors can now buy or short a single stock via an ETF, all the while paying exorbitant fees. To wit, the AXS TSLA Bear Daily ETF (NASDAQ: TSLQ) aims to provide levered daily returns from a decline in Tesla’s share price....