Market Insights
Tesla Q3 2026 Earnings: Roadster Demo Doesn’t Mask Forward Outlook
Glittering Roadster debut doesn't mask bearish sentiment on Tesla's Q3 results
ISIN:
XS2337093798
1x Tesla Tracker
NAV as of 10 Nov 2026, 12:00 AM UTC
$9.31 (0.43%)
Year-To-Date Change
-15.67%
-
LSE
-
XAMS
Capital at risk. NAV calculated by Leverage Shares. For more information on the calculation please click here
Overview
What is the 1x Tesla Tracker ETP?
The LS 1x Tesla Tracker ETP (ISIN XS2337093798) is an exchange traded product (ETP) that seeks to deliver the daily performance of Tesla Inc. It has physical ownership of the underlying, so it does not use swaps or other derivatives to achieve its exposure, and it does not have credit risk. It does not use leverage, so it is not subject to volatility decay. You cannot lose more than the amount you invest. The LS 1x Tesla Tracker ETP has an annual management fee of 0.15% and is listed on the following exchanges: London Stock Exchange, Euronext Amsterdam. It can be held over longer periods as well as traded intraday.
ETP objective
To seek daily investment results, before fees and expenses, that correspond to 100% (1x) the daily performance of the underlying stock (TSLA).
Who is this product for?
Investors and traders seeking to express long-term bullish views or tactically trade positions, via physical ownership and without a leverage component.
*However, these are complex products.
Value of Underlying Assets
$7,909,298
or 20,826 shares of TSLA
AUM
$7,909,353
or 849,345 shares of 1TSL
Liabilities
$55
Listings & Tickers
Key Facts
Net Asset Value
- NAV (as of 10 Nov 2026)
- $9.31
- Daily Return (% NAV change)
- 0.43%
- Daily Change (of NAV)
- $0.04
Structure
- Structure
- ETP
- Domicile
- Ireland
- Replication Method
- Physical
- Dividends
- Reinvested
- Target Weights
- Rebalance Frequency
Fees
- Annual Management Fee
- 0.15%
- Interest Paid On Cash Balances
- Fee During Cash Phase
- Performance Fee
- Stock Borrow Rate
Tax & Legal
- ISA
- Eligible
- SIPP
- Eligible
- UK Fund Reporting Status
- Yes (effective 07/01/2021)
- US IRS Sec 871(m)
- Not applicable
Passported Countries:
United Kingdom
Italy
Germany
France
Spain
Netherlands
Ireland
Poland
Belgium
Sweden
Norway
Austria
* The information on this website regarding UK Fund Reporting Status is accurate as of the stated effective date (the "Effective Date"). Leverage Shares makes no representation or warranty that such information will remain accurate, complete or current thereafter, assumes no obligation to update it, and, to the fullest extent permitted by applicable law, accepts no responsibility or liability for any inaccuracies or omissions arising after the Effective Date.
Key Services Providers
- Issuer
- Leverage Shares plc
- Arranger
- Leverage Shares Management Company Limited
- Trustee
- Apex Corporate Trustees (UK) Limited
- Issuing and Paying Agent
- U.S. Bank Europe DAC
- Registrar
- U.S. Bank Europe DAC
- Portfolio Administrators
- Flexinvest Limited
- Stock Borrowing Provider and Custodian
- Interactive Brokers LLC, Morgan Stanley & Co. LLC and/or Pershing LLC
- Determination Agent
- Calculation Agent Services LLC
- Initial Authorised Participant
- BNP Paribas Arbitrage S.N.C.,Virtu Financial Ireland Limited, Flow Traders and others
- Sponsor
Fact Sheet
Reportable Income
UK Fund Reporting
EMT
Supplemental Trust Deeds
Prospectus (FCA)
02 November 2026
Supplement (CBI)
07 July 2026
Supplement (FCA)
07 July 2026
Prospectus (CBI)
11 June 2026
Prospectus (FCA)
09 June 2026
Prospectus (CBI)
13 March 2026
Prospectus (FCA)
13 March 2026
Prospectus (CBI)
23 June 2025
Prospectus (FCA)
23 June 2025
Prospectus (CBI)
17 July 2024
Prospectus (FCA)
17 July 2024
Prospectus (CBI)
15 March 2024
Prospectus (FCA)
15 March 2024
Prospectus (CBI)
18 October 2023
Prospectus (FCA)
18 October 2023
Prospectus (CBI)
04 May 2023
Prospectus (FCA)
04 May 2023
Supplement
01 June 2022
Prospectus
16 May 2022
Prospectus
07 December 2021
Supplement
08 October 2021
Supplement
17 September 2021
Supplement
06 May 2021
Supplement
04 March 2021
Prospectus
18 December 2020
Prospectus
06 November 2020
Prospectus
05 February 2020
Financial Year Ended
30.06.2026
Half Financial Year Ended
31.12.2025
Financial Year Ended
30.06.2025
Half Financial Year Ended
31.12.2024
Financial Year Ended
30.06.2024
Half Financial Year Ended
31.12.2023
Financial Year Ended
30.06.2023
Half Financial Year Ended
31.12.2022
Financial Year Ended
30.06.2022
Half Financial Year Ended
31.12.2021
Financial Year Ended
30.06.2021
Half financial year ended
31.12.2020
Financial Year Ended
30.06.2020
Half Financial Year Ended
31.12.2019
For the Year Ended
30.06.2019
From 01.07.18 to 31.12.18
31.12.2018
From 27.01.17 to 30.06.18
30.06.2018
Notices
Latest Notice
30.10.2026
Replacement of Broker Dealer
30.10.2026
Termination of AP Agreement
18.09.2026
Batch Notification
11.09.2026
Notice Appointment of Authorised Participants
26.08.2026
Notification of New Series
21.07.2026
Batch Notification
19.06.2026
Notice to ETP Securityholders
03.06.2026
Notices of Investment Strategy Modifications
21.05.2026
Batch Notification
30.04.2026
Notification of New Series
24.03.2026
Notification of New Series
23.03.2026
Batch Notification
11.03.2026
Notices of Investment Strategy Modifications
31.10.2025
Notice of Publication of Audited Financial Statements
06.08.2025
Updated to IB Margin Account Agreement
08.05.2025
Notice Appointment of Additional Authorised Participant
16.01.2025
Notice to ETP Securityholders
02.10.2024
Notice of Amended & Restated Margin Account Agreement
29.07.2024
Notice of Appointment of Pershing as Additional Margin Load Provider
17.07.2024
Notice of Deed of Amendment and Restatement
02.11.2023
Notice of Late Filing of Audited Financial Report
19.10.2023
Notice to ETP Securityholders
20.09.2023
Notice of Migration to IB LLC
04.05.2023
Notice of Amended and Restated Conditions
13.12.2022
Notice of Result of Adjourned Meeting
09.12.2022
Notice of Extension of Deadline
29.11.2022
Notice of Delisting from Euronext Paris
12.10.2022
Intraday Rebalance
19.08.2022
Notice of Mandatory Redemption
16.08.2022
Notice of Amended and Restated Master Trust Deed
08.08.2022
Mandatory Redemption
20.07.2022
Intraday Rebalance
18.07.2022
Intraday Rebalance
15.07.2022
Intraday Rebalance
01.07.2022
Intraday Rebalance
21.06.2022
Intraday Rebalance
14.06.2022
Notice of Delisting
13.06.2022
Intraday Rebalance
24.05.2022
Intraday Rebalance
13.05.2022
Intraday Rebalance
12.05.2022
Intraday Rebalance
12.05.2022
Notice of Waiver of Arranger Fee
09.05.2022
Intraday Rebalance
05.05.2022
Intraday Rebalance
05.05.2022
Notice of Issuer Call Redemption
27.04.2022
Notice of Issuer Call Redemption
20.04.2022
Intraday Rebalance
29.03.2022
Notice of Waiver of Arranger Fee
23.03.2022
Notice of Series Name Change
16.03.2022
Intraday Rebalance
14.03.2022
Intraday Rebalance
10.03.2022
Intraday Rebalance
07.03.2022
Notice of Delisting from CBOE Europe Limited.
18.02.2022
Intraday Rebalance
16.02.2022
Intraday Rebalance
03.02.2022
Intraday Rebalance
02.02.2022
Intraday Rebalance
31.01.2022
Intraday Rebalance
21.01.2022
Intraday Rebalance
31.12.2021
Intraday Rebalance
07.12.2021
Notice of Amended and Restated Terms and Conditions
05.12.2021
Notice of Intraday Rebalance and Issuer Call Redemption
05.12.2021
Notice to ETP Securityholders
23.11.2021
Notice of Intraday Rebalance
18.11.2021
Notice of Change of Portfolio Administrator
16.11.2021
Notice to ETP Securityholders
09.11.2021
Notice to ETP Securityholders
08.10.2021
Notice of Arranger Fee Increase
27.09.2021
Notice of Change of Portfolio Administrator
17.09.2021
Notice of Fee Decrease
17.09.2021
Notice of Fee Increase
31.08.2021
Intraday Rebalance
12.04.2021
Notice of Cross Listing
26.01.2021
Notice of Cross Listing (Euronext Paris)
12.01.2021
Notice of Cross Listing (Euronext Amsterdam)
23.12.2020
Notice of Termination of Service Providers
18.12.2020
Notice of Confirmation of Migration to ICSD
08.12.2020
Notice of Migration to ICSD
27.11.2020
Notice of Change of Issuing and Paying Agent
27.10.2020
Notice of Change of Service Providers
Frequently Asked Questions about the 1x Tesla Tracker ETP
The LS 1x Tesla Tracker ETP (ISIN XS2337093798) is an exchange traded product (ETP) that seeks to deliver the daily performance of Tesla Inc. It is listed on the following exchanges: London Stock Exchange, Euronext Amsterdam.
The LS 1x Tesla Tracker ETP has an annual management fee of 0.15%.
The LS 1x Tesla Tracker ETP has physical ownership of the underlying, and therefore does not use swaps or other derivatives to achieve its exposure. It does not have credit risk, because the Series has physical ownership of the underlying and does not use derivatives, like swaps.
The LS 1x Tesla Tracker is an exchange traded product, not an ETF. ETPs are structured as debt securities and lie outside the remit of UCITS. While not UCITS compliant, they may be UCITS eligible, meaning they are capable of being an eligible investment for another UCITS fund. It trades on exchange in the same way as a share.
Yes. The LS 1x Tesla Tracker ETP does not use leverage and does not rebalance daily to maintain a leverage target, so it can be held for more than one day. Over time returns seek to reflect the performance of Tesla Inc, less fees.
Volatility decay is the effect of daily rebalancing and compounding on a leveraged product. Because the LS 1x Tesla Tracker ETP does not use leverage and does not rebalance daily, it is not subject to volatility decay.
An investor in the LS 1x Tesla Tracker ETP cannot lose more than the amount they invest. You could lose the full value of your investment if Tesla Inc falls to zero.
Yes. Alongside the LS 1x Tesla Tracker ETP, the Leverage Shares -1x Tesla ETP (ISIN XS2944886931) provides -1x exposure to Tesla Inc.
The LS 1x Tesla Tracker ETP does not pay dividends. It has physical ownership of the underlying, and any dividends received are reflected in the value of the ETP.
Yes. The LS 1x Tesla Tracker ETP seeks to track Tesla Inc over any holding period, less fees. Because it does not use leverage or daily rebalancing, longer holds do not introduce volatility decay.
The LS 1x Tesla Tracker ETP is 100% backed with the underlying. Leverage Shares does not use derivatives, like swaps, to offer its exposures.
Experienced investors may use the LS 1x Tesla Tracker ETP for a variety of strategies. Some examples include building exposure to Tesla Inc through a single trade, responding to technical indicators, and hedging existing exposures in a portfolio.
The LS 1x Tesla Tracker ETP can be traded through brokerage accounts that have access to the exchanges where it is listed. It trades on the following exchanges, each with the ticker(s) to search on that exchange:
- London Stock Exchange: 1TSL (USD), TSLA (GBP), TSL1 (EUR)
- Euronext Amsterdam: TSLA (EUR)
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