Is it time to short Tesla? If so TSLQ might be of interest.

Tesla's ongoing turbulence is getting harder and harder to ignore even amongst some of the permabulls. Notably, Wedbush Securities' Dan Ives, a long-time Tesla bull, recently slashed his 12-month price target by a whopping 43% reduction noting concerns over CEO Elon Musk's political entanglements and the impact of new tariffs under President Trump's administration.

If you think TESLA is likely to keep going down, you might want to consider TSLQ a leveraged short position. TSLQ aims to deliver twice the inverse (-200%) of Tesla's daily performance.

Its important though to understand that these types of leveraged trades are really only meant to be shorter term and if the stock starts to go up, then you will be losing at 2x the rate as well. Overtime, any wiggle up and down tends to work against you - even if the stock continues to go down.

Definitely not trading advice, but something I was asked about today, and the current climate doesn't look overly positive for Tesla or Elon.

TSLA article: finance.yahoo.com/news/tesla-bull-slashes-stock-price-184418063.html

TSLQ info: tradretfs.com/tslq-2x-short-tsla-daily-etf