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Benzinga

Business

Chandrima Sanyal

Tesla's Q2 Earnings Could Be A Shock To These ETFs, Yet They Are Riding The Volts And Jolts

ETF Tesla Inc. XLY

Tesla Inc.

As Tesla (NASDAQ:TSLA) is set to announce Q2 results on Wednesday after the close, a herd of ETFs with high concentrations in the EV titan is already revving up.

With Tesla increasing by more than 42% in the last three months, ETFs such as the Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY), Fidelity MSCI Consumer Discretionary Index ETF (NYSE:FDIS), and Vanguard Consumer Discretionary Index Fund ETF (NYSE:VCR) are riding high.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

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