NEW YORK (TheStreet) –– Nicknamed "The Bond King," DoubleLine Capital's Jeffrey Gundlach, is having his last conference call of the year to discuss the economy, the markets and his outlook for where fixed income goes in 2015.
Gundlach, who has moved into various asset classes outside of bonds, recently unveiled that he likes Tesla Motors (TSLA) , as he believes the Palo Alto, Calif-based electric vehicle maker could change society not just for its cars, but its battery prowess as well.
In a November interview on CNBC, Gundlach mentioned that Tesla's future lies in its battery technology rather than its cars. "It's the batteries. It's all about the batteries," Gundlach said. "I think they can ultimately change society if they pursue battery technology that really creates the ability to store enough energy that you could, say, run a house on, get yourself off the grid."
DoubleLine, which had more than $60 billion in assets under management at the end of September, holds shares in the electric-vehicle maker in its DoubleLine Equities Growth Fund (DBEGX) .
In addition to talking about the economy and markets, Gundlach will discuss what he thinks are the best investment strategies and sector allocations for the DoubleLine Total Return Bond Fund (DBLTX) and Core Fixed Income Fund (DBLFX) .
--Written by Chris Ciaccia in New York
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