GraniteShares 3x Long Tesla Daily ETP
3LTS.L
London Stock Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- GraniteShares 3x Long Tesla Daily ETP (3LTS.L) is an exchange-traded product (ETP) that provides investors with three times (3x) the daily performance of Tesla Inc. shares (TSLA), less fees and expenses. The ETP achieves its leveraged exposure through swap agreements with counterparties, employing a synthetic replication strategy rather than physical holding of the underlying Tesla stock; it lists on the London Stock Exchange and targets sophisticated investors seeking amplified short-term returns tied to Tesla's equity performance. GraniteShares offers a suite of similar leveraged and inverse ETPs on single stocks including Tesla, Nvidia, and others, as well as broad market products like those tracking the Nasdaq-100 or S&P 500; these instruments feature daily reset mechanisms, making them suitable for tactical trading but subject to compounding effects and volatility decay over longer periods. GraniteShares operates primarily in the exchange-traded products segment of the investment management industry, serving institutional and retail investors focused on equity derivatives and thematic exposure, with products available across European exchanges including London, Milan, and Deutsche Boerse. The firm, founded in 2014 and headquartered in London, United Kingdom, with additional offices in New York, manages over $1 billion in assets under management as of late 2025 and maintains strategic relationships with market makers and swap providers to ensure liquidity. In the past two years, GraniteShares expanded its product lineup with new leveraged ETPs on high-growth tech stocks amid surging demand for single-stock volatility products; it also navigated regulatory enhancements in the EU under UCITS frameworks and reported robust inflows following Tesla's market volatility in 2024-2025, while no major acquisitions or name changes were announced.