ETFs with Heavy Tesla Holdings Fall on Disappointing Model 3 Deliveries
This article was originally published on ETFTrends.com.
Shares of Tesla fell over 10 percent on Thursday as the company disappointed investors on Model 3 deliveries, which fell below expectations and hurt exchange-traded funds (ETFs) with the largest holdings of the electric carmaker. ETFs with the heaviest weightings in Tesla were affected, such as the VanEck Vectors Global Alt Energy ETF (NYSEArca: GEX)–down [...]