Tesla Inc. manufactures and sells electric vehicles (EVs) and energy generation and storage systems. The company was founded in 2003 and went public in June 2010, with an initial public offering at $17 per share. As of December 31, 2025, Tesla had approximately 134,800 employees. It recently moved its headquarters to Austin, Texas, from Palo Alto, California, and its stock is a component of the S&P 500.

Stocks were lower on Thursday. Earnings continue to drive sentiment, though investors are keeping an eye at all times on the Middle East. On the earnings front, software stocks led the move lower with renewed fears about the impact of AI on the industry. Also of note were higher oil prices that are the result of the war in Iran and the related impact on the Strait of Hormuz. After the close, however, some good news came in the form of a three-week extension of the ceasefire between Israel and Lebanon.

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.