Nightstar Therapeutics plc American Depositary Shares

NITE

XLY, TESL and other ETFs with heavy Tesla exposure could see big moves as TSLA readies its Q2 earnings report.

Tesla rebounded 14% last week after Musk???s apology and robotaxi buzz, lifting ETFs like TESL and TSLW sharply higher.

Tesla Inc  TSLA is still one of Wall Street's most-watched names, but now it's less about innovation and more about crash landings — figuratively speaking.

Tesla's TSLA stock suffered a massive drop on March 10, 2025, plunging 15%, marking its worst single-day performance since September 2020. This steep decline came on the heels of a broader market downturn, with the Nasdaq index falling nearly 4%—its sharpest decline since 2022.

Tesla shares hit an all-time high. Several analysts raised price targets.

We recently transitioned the Long Only fund to an Exchange Trade Fund (ETF). As of June 21, 2024, The Nightview Fund (“NITE”) ETF trades on the New York Stock Exchange under the ticker NITE. In our Q2 2024 letter, we offer a top conviction idea: Amazon.

On Monday, Nightview Capital made its debut on the ETF market with the launch of The Nightview Fund (NITE). The fund is actively managed and carries a net expense ratio of 1.25%.