{
    "type": "ETP",
    "ucits": false,
    "leverage": true,
    "derivatives": true,
    "swaps": false,
    "inverse": true,
    "replication_method": "physical",
    "complex_factors": [
        "Inverse Exposure",
        "Leverage",
        "Compounding Effect",
        "High Risk Profile"
    ],
    "classification": "complex",
    "supporting_data": "The Leverage Shares -1x Tesla ETP is classified as complex due to its inverse exposure (-1x) to Tesla's daily performance, which introduces significant complexity through daily rebalancing and the compounding effect. The product is designed for sophisticated investors who understand the risks of leveraged and inverse returns. The high risk indicator (6 out of 7) and the explicit warnings about potential losses and compounding effects further support this classification. Additionally, the product's structure, which involves short positions and daily adjustments, requires a deep understanding of financial markets and leveraged instruments.",
    "confidence": 95
}