S&P Global announced on Monday that Tesla will join the S&P 500 effective prior to trading on Monday, Dec. 21.
Tesla Inc. (NASD:TSLA) will be added to the S&P 500 effective prior to the open of trading on Monday, December 21 to coincide with the December quarterly rebalance. Due to the large size of the addition, S&P Dow Jones Indices is seeking feedback through a consultation to the investment community to determine if Tesla should be added all at once on the rebalance effective date or in two separate tranches ending on the rebalance effective date.
SOURCES – S&P Global
Written by Brian Wang, Nextbigfuture.com ( Brian owns shares of Tesla)
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
6 thoughts on “Tesla Will Be Added to SP500 Before Dec 21”
I think you'll find that not only is Apple already in it, it's at the top of the list.
Whoever is performing sub-optimally needs to go.
Out with K-Mart and Woolworth. In with Apple and Tesla.
hopefully a coal miner
Looks like Tesla did a 13% jump on the back of this news…
Hm.. Good point. Never thought about the fact that some company would have to make place for Tesla….
So who gets kicked out?
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