|Expense Ratio (net)||0.75%|
|Category||World Large Stock|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Average|
|Beta (3Y Monthly)||0.92|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Mar 13, 1973|
Around this time each year, many of us resolve to take on a new good habit (or two) in the coming year. Maybe it's exercising more or eating less. Or reconnecting with family or disconnecting from electronics.
Founded in 2003 by entrepreneur Elon Musk, Tesla Motors ( TSLA) has captured the imagination of customers and investors alike with its line of electric vehicles. Through a series of production delays, lawsuits, and tweets by co-founder and CEO Elon Musk, the company has taken investors along for a rollercoaster ride with stocks plummeting more than 22%, from $370 to $288 between September 27 and October 24.
Investing in companies that have lower than average exposure to fossil fuel involvement makes good business sense. Companies face increasing pressure to lower their carbon emissions from many sources, such as regulators, customers, and investors. Implementing changes to a company's process that move it away from being reliant on fossil fuels can be a costly endeavor.