ETFs with Heavy Tesla Holdings Fall on Disappointing Model 3 Deliveries

MarketsETF Trends

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 [...]

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