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If you have money in the SP500, you own Tesla stock

Title. It occurred to me that despite not wanting to support musk or some other American businesses because of their recent change in policies, I'm still holding a stake in those companies.

45 comments
  • I'm fine with that, if Tesla keeps sinking the S&P will have to drop it from the index.

  • If you'd like to hold a large cap blend that doesn't include Tesla, you might like VTV (Vanguard Large Cap Value ETF). I didn't see Tesla listed in it and I really doubt it's any of the 339 companies it holds.

    Edit: I just traded all my retirement shares of VTI for VTV. Fuck Tesla. And Facebook. And Amazon.

  • American is kind of a central point for the market. Sure there are plenty of non American exchanges but if you want to do business with the "big boys" it is in New York.

45 comments