All tagged Tesla
While the current pandemic has changed almost every facet of our daily lives, it is important to take a step back from the mundane day to day and appreciate the innovations made in engineering despite all the barriers we have faced this year.
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.
With Tesla pulling ahead in the electric car market, what will happen when the major manufacturers hop on the train and start producing EVs?
In my last article that I touched on that your green car may actually be more harmful than a normal combustion engine car. So how much of an effect are you really making?