Techdamentals
Oct 22, 1:35 PM
$DRIV holds a mix of automakers, chipmakers and software firms tied to autonomous driving and EVs, the same R&D category where Tesla's spending rose 69% to
$2.761 billion this quarter.
A thematic fund like this spreads exposure across the whole autonomy and EV supply chain rather than betting on one company's margin story in a single quarter.
That spread matters here because the report behind this fund's biggest-name holding showed two things moving in opposite directions: a better car margin and a lower overall profit.
Full explainer, plain English: https://youtu.be/4lOi1PxGqp4
Educational, not advice.
https://techdamentals.com/newsletter/why-did-teslas-profit-fall-when-margins-rose?ref=st
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