Tesla Slips on Q4 Delivery Miss: ETFs in Focus

Tesla Inc. (TSLA) skidded 6% at the start of the new year following a fourth-quarter delivery miss despite an increase in promotional deals. Global vehicle deliveries also fell in 2024 for the first time in more than a decade. The decline in share price has wiped out around $175 billion in market value for Tesla.As a result, ETFs with a substantial allocation to this luxury carmaker are in focus. These include The Nightview Fund (NITE) , Simplify Volt TSLA Revolution ETF (TESL) , ARK Autonomous Technology & ...