I do hold TSLQ (and it's been doing great). That being said, Musk has engaged openly in fraud on a regular basis and the SEC has done nothing. At this point I have zero faith in the markets to adhere to the law.
TSLQ has been doing barely okay. The problem with investment vehicles like TSLQ which are daily shorts, is that over a period of time, it will suffer the same drawbacks as holding a short position and therefore making the timing of the position very important.
Correct, but it's up 5% this month while most things are down. It's not a good idea to hold it long term for the reasons you say.
Is it only Musk? Pretty sure the President himself is manipulating the market