Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

What Tesla's Weak China Sales Mean for Mutual Fund Investors (TSLA)

Shauna O'Brien

|

Tesla motors logo
Tesla (TSLA) shares were down on Wednesday morning after the company reported weak sales in China. Here’s what the news means for mutual fund investors.

Inside the News

Tesla’s CEO Elon Musk reported on Wednesday that sales in China dropped significantly during the fourth quarter. It was also reported that Tesla would not be profitable until 2020.

Pay Close Attention to Upcoming Earnings Release

The sales report for China was definitely a surprise for Wall Street. With the disappointing China sales and concerns regarding low gas prices, many investors and fund managers may be waiting for Tesla’s next earnings release in mid-February before considering a position.

Mutual Funds to Watch

Investors interested in Tesla may be interested in the funds listed below. These funds currently have the largest stakes in the company.
Symbol Mutual Fund Stake
FCNTX Fidelity® Contrafund® 3.68%
VTSMX Vanguard Total Stock Market 1.20%
MPEGX Morgan Stanley Mid Cap Growth 0.92%

The Bottom Line

The funds listed above allow investors to gain exposure to Tesla while remaining diversified. Investors interested in Tesla may also be interested in Toyota Motors™ or Ford (F).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Read Next

Tesla motors logo

What Tesla's Weak China Sales Mean for Mutual Fund Investors (TSLA)

Shauna O'Brien

|

Tesla (TSLA) shares were down on Wednesday morning after the company reported weak sales in China. Here’s what the news means for mutual fund investors.

Inside the News

Tesla’s CEO Elon Musk reported on Wednesday that sales in China dropped significantly during the fourth quarter. It was also reported that Tesla would not be profitable until 2020.

Pay Close Attention to Upcoming Earnings Release

The sales report for China was definitely a surprise for Wall Street. With the disappointing China sales and concerns regarding low gas prices, many investors and fund managers may be waiting for Tesla’s next earnings release in mid-February before considering a position.

Mutual Funds to Watch

Investors interested in Tesla may be interested in the funds listed below. These funds currently have the largest stakes in the company.
Symbol Mutual Fund Stake
FCNTX Fidelity® Contrafund® 3.68%
VTSMX Vanguard Total Stock Market 1.20%
MPEGX Morgan Stanley Mid Cap Growth 0.92%

The Bottom Line

The funds listed above allow investors to gain exposure to Tesla while remaining diversified. Investors interested in Tesla may also be interested in Toyota Motors™ or Ford (F).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Read Next

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.