What Tesla's Weak China Sales Mean for Mutual Fund Investors (TSLA)
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.
Not interested

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

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

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

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

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

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.