Elon Musk’s Tesla (NASDAQ:TSLA) after the bell on Wednesday reported a decline in quarterly profit, despite a record number of deliveries. The billionaire businessman on the earnings conference call spent a chunk of his time pleading with investors to back his compensation package that could be worth $1T.
Shares of the electric vehicle maker opened lower on Thursday and fell as much as -5.7%. However, they steadily pared their losses since and turned positive in midday trade, last +1.3%.
The company’s stock moves also affect hundreds of exchange-traded funds with exposure to it, 457 to be precise. Here are the top 10 ETFs with the largest allocation to TSLA shares:
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Leverage Shares 2X Short TSLA Daily ETF (NASDAQ:TSLG), 101.2% allocation.
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GraniteShares 1.25x Long Tesla Daily ETF (NASDAQ:TSL), 78.32% allocation.
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Simplify Volt TSLA Revolution ETF (NYSEARCA:TESL), 53.34% allocation.
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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL), 32.66% allocation.
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T-REX 2X Long Tesla Daily Target ETF (BATS:TSLT), 31.72% allocation.
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Tradr 1.5X Long TSLA Weekly ETF (BATS:TSLW), 25.83% allocation.
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Grayscale Bitcoin Adopters ETF (NYSEARCA:BCOR), 21.07% allocation.
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Global X PureCap MSCI Consumer Discretionary ETF (NYSEARCA:GXPD), 20.67% allocation.
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Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY), 20.57% allocation.
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Roundhill TSLA WeeklyPay ETF (BATS:TSW), 19.76% allocation.