s&p 500

Tesla Booted from S&P 500 Environmental Index, But Exxon Mobile Remains

Tesla has been removed from the S&P 500 environmental, social, and governance (ESG) index, as part of the latter’s fourth annual rebalancing on Tuesday. The automaker was removed over what the S&P 500 ESG says was the company’s handling of claims of racial discrimination at its Fremont factory, plus NHTSA investigations into the claims of […]

Tesla’s First Day in the S&P 500 Gets Rocky Start

Tesla’s entry into the S&P 500 index was expected to be a rocky one, although neither bulls or bears could be sure what that truly meant – until Monday when the electric vehicle (EV) company’s entry became offical. After its entry into the S&P on Monday, Tesla’s (TSLA) shares fell as much as 6%, as […]

Elon Musk Makes Another $9 Billion Ahead of S&P 500 Inclusion

Tesla Inc.’s stock hit yet another all-time high of $695 USD per share on Friday ahead of its addition to the S&P 500 index, and according to Yahoo Finance, so did CEO Elon Musk’s net worth. $TSLA's entry in the S&P 500 is “a feather in the cap for Musk and Tesla,” @Wedbush Managing Director […]

Tesla Will Be Added to S&P 500 All at Once Says S&P Dow Jones Indices

The S&P Dow Jones Indices announced this afternoon Tesla will be added to the S&P 500 “at its full float-adjusted market capitalization weight effective prior to the open of trading on Monday, December 21, 2020.” Back on November 16, it was announced Tesla would be joining the S&P 500. A consultation started to receive feedback to […]

Tesla Inclusion in S&P 500 May Take Some Time, Says Ex-Committee Head

According to Bloomberg, David Blitzer, former chair of the committee that decides which stocks are admitted to the S&P Dow Jones Indices, has said that Tesla’s induction into the index may take some time, even though the electric vehicle company more than meets the usual criteria for admission. After an immensely successful Q2 that came as […]