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@aburka TSLS = 1x inverse, moves exactly opposite Tesla (minus costs of the people running the fund)

TSLQ and TSLZ = 2x inverse: if Tesla loses 50% in a day, they gain 100%. And if Tesla •gains• 50% in a day, well, you lose everything AFAICT. These have higher overhead costs, because the people who run them have to juggle more knives. So:

- These double the impact your money has on Tesla’s share price.
- If Tesla goes down a •lot•, then you make out like a bandit.
- But under normal conditions, you lose money on them.