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EXCLUSIVE: Tesla Bulls Are Bruised Not Beaten, Says Direxion's Egilinsky
TSLATesla(TSLA) Benzinga·2025-04-08 20:37

Tesla Inc‘s TSLA brutal year continues.The electric car company’s stock is down nearly 38.5% year to date, as the electric vehicle giant struggles with falling sales, stiffening competition, and political noise that's increasingly hard to ignore."This has been a rough stretch for those traders who have been bullish on the stock," said Ed Egilinsky, Managing Director at Direxion, in an exclusive interview with Benzinga."Increasing competition, declining sales, and the softening in consumer demand have all co ...