All tagged Tesla

Tesla’s Inclusion in the S&P 500

In early September 2020, Tesla fell short of what was thought by many to be a done deal: inclusion into the S&P 500 Index. This Index is supposed to reflect the total investable market culture. A reflection on whether or not the market is healthy. Inclusion would help Tesla’s stock boost since investors can see that it is one of the most valuable companies on the market. This index did not include Tesla, the largest automotive maker by market capitalization. Also, by market capital, Tesla is the eighth largest publicly traded company on the market (Elmerraji, 2020), beating companies such as Johnson & Johnson and Proctor & Gamble (Randewich, 2020). Both of which have been included in the S&P 500 for many years.