Portfolio Management
After the closing bell on Wednesday, Tesla Motors (TSLA) released its fourth quarter financial results. Here’s what the results mean for mutual fund investors.
Inside TSLA’s Results
Net Loss
Tesla reported a net loss of $107.6 million, or 86 cents per share, compared to a net loss of $16.3 million, or 12 cents per share, last year. Excluding special items, the company’s net loss was 13 cents per share. Analysts expected to see EPS of 31 cents.
Revenue
Revenue increased to $956.7 million from $615.2 million last year. Adjusted revenue totaled $1.1 billion, which missed analysts’ view of $1.23 billion.
Will the Hype Pay Off for Investors?
The risk/reward for Tesla is big on both sides. While bullish investors are counting on Tesla cutting production costs and raising margins, its upward momentum will depend on Wall Street’s continued confidence. This stock is ideal for the most aggressive investors who are willing to take on a high amount of risk.
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® | 3.40% |
| PRGFX | T. Rowe Price Growth Stock | 1.38% |
| VTSMX | Vanguard Total Stock Market | 1.18% |
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 General Motors (GM) or Ford (F).
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