GraniteShares 2x Long TSLA Daily ETF (TLA) is an exchange-traded fund managed by GraniteShares, a UK-based provider of exchange-traded products specializing in leveraged and single-stock ETFs; it seeks to deliver 2x the daily performance of Tesla Inc. (TSLA) common stock before fees and expenses through swap agreements and derivatives. The fund's core offerings include daily leveraged exposure to individual equities like Tesla, with products structured as UCITS-compliant ETFs listed on exchanges such as the London Stock Exchange and accessible to European investors; GraniteShares also provides similar leveraged ETFs on other single stocks including Nvidia, Coinbase, and Robinhood. Founded in 2018 and headquartered in London, United Kingdom, GraniteShares operates primarily in Europe with additional listings in the US via Nasdaq, targeting retail and institutional investors seeking amplified short-term returns on high-growth equities. In late 2024, GraniteShares expanded its single-stock ETF suite with new autocallable and leveraged offerings amid rising demand for Tesla-focused products, including enhancements to barrier levels and yield structures in response to volatile equity markets; the firm also announced strategic partnerships with market makers to improve liquidity and a capital raise to support product launches across multiple jurisdictions.