Why Tesla Was Left Out of the S&P 500

Tesla Inc. was passed over for inclusion in the S&P 500 index, a move that put a halt to the parabolic run in the electric-car maker’s shares.

S&P Dow Jones Indices, which determines the makeup of the index, said Friday afternoon that online marketplace Etsy Inc., technology firm Teradyne Inc. and pharmaceutical company Catalent Inc. would be added in its quarterly rebalancing. Tesla—whose shares have catapulted to new highs, partly in anticipation of joining the S&P 500—was noticeably absent.

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Not so good long term.

This make and model of 'Tesla'vehicle is NOT ready to go on line/production with S&P 500. I want economics surpassed including transportation however; this requires time. ♀️

You recall of course that on 5/4/20 Elon Musk personally messaged that Tesla shares are overpriced causing company share values to drop by -10.3% that day. I can’t imagine he’s disappointed today, Tesla will continue to compete bringing value and growth.

I’ll take Fraud for $420 Alex

不會阻擋

Why?

You mean the 5 billion random offering had nothing to do it? I doubt it was the s and p 500 pass up.

But but, a cap weighted index would do SOOOO well with TSLA 😂

Cc SmangaMthethwa8

Now they tell me

I love it!

Am I the only one who thinks a Tesla looks like any generic Ford or Chevy? 🤷‍♀️

Don’t care. At all.

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