Vanguard also has significant interest in the success of all Tesla competitors that are part of the index.
They don't really. They own GM and Ford stock, in smaller quantities, nothing from the other largest auto makers. Do you know something I am not aware of?
Most of Vanguard is a large bureaucracy with two goals: accurately track an underlying index and keep the cost low. They do have some actively managed funds but those are insignificant compared to their passive funds.
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They don't really. They own GM and Ford stock, in smaller quantities, nothing from the other largest auto makers. Do you know something I am not aware of?
Vanguard just tracks indexes. Indexes that include all publicly traded auto manufacturers in the world. E.g. Toyota: https://www.morningstar.com/funds/xnas/vtiax/portfolio
Most of Vanguard is a large bureaucracy with two goals: accurately track an underlying index and keep the cost low. They do have some actively managed funds but those are insignificant compared to their passive funds.