this post was submitted on 05 Jun 2025
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Microblog Memes

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[–] Jakeroxs@sh.itjust.works 5 points 1 day ago (2 children)

The majority of people with 401ks don't actively manage them, it's usually generic broad based index funds or similar, which at this point almost assuredly includes Tesla

[–] bitjunkie@lemmy.world 2 points 1 day ago (1 children)

How much better does the rest of the portfolio do after Musk is ruined and can't buy elections, though?

[–] Jakeroxs@sh.itjust.works 1 points 1 day ago
[–] Owlboi@lemm.ee 1 points 1 day ago (1 children)

seems pretty weird to me for them to include a volatile stock such as tesla

[–] Jakeroxs@sh.itjust.works 2 points 1 day ago* (last edited 1 day ago)

On a longer timescale, Tesla volatility was actually pretty low with a strong tend upwards.

This is not financial advice yada yada but I'd recommend researching how ETFs, and broad based indices decide on what stocks to include.