3x Leverage Tesla (TSLA) ETP

Leverage the daily return of Tesla Inc (TSLA) stocks with 3x Long Tesla ETP. Available for trading on .

Product Description

GraniteShares 3x Long Tesla Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Long Tesla Inc Index that seeks to provide 3 times the daily performance of Tesla Inc shares.

For example, if Tesla Inc rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if Tesla Inc falls by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments.

GraniteShares +3x Tesla is available in EUR,GBX,USD

What is Tesla (TSLA)?

Tesla Inc (NASDAQ: TSLA), called Tesla Motors until 2017, is an electric car manufacturer headquartered in the United States. The company's name is chosen as a tribute to Nikola Tesla, an American inventor, and engineer. Tesla's stated mission is "to accelerate the global transition to a sustainable energy path", including boosting electric-powered automotive competitiveness.Read more about Tesla (TSLA)

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Key Facts

Tickers (Trading Currency)
3LTE (EUR) / 3LTP (GBX) / 3LTS (EUR) / 3LTS (USD)
Underlying Stock
Leverage Factor
Base Currency
Total Daily Ongoing Cost
Value per ETP Security as of 30 March 2023
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3x Leverage Tesla (TSLA) ETP OVERVIEW

LISTING AND CODES for 3x Leverage Tesla (TSLA) ETP

Exchange Trading

INDEX & PERFORMANCE of 3x Leverage Tesla (TSLA) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage Tesla (TSLA) ETP

Understanding Collateral

Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

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