According to a report from Zhitong Finance APP, the Southern 2x Long Tesla ETF (07766) has climbed more than 4%, rising 7.05% as of press time to HK$85.64, with a turnover of HK$1.4097 million.

On the news front, Tesla Motors (TSLA) shares rose 4.65% last Friday. The company's global deliveries for the third quarter of this year exceeded 480,000 units, surpassing market expectations and also rising compared with the second quarter.

Tesla Motors (TSLA) stated that the Model 3 and Model Y accounted for 98% of total deliveries. Analysts noted that growth in Tesla's sales in Europe helped offset some of the pressure from other markets. In August of this year, Tesla's new vehicle registrations in the European Union grew by approximately 53% year-on-year.