Tesla's eligibility to be included in the S&P 500 puts the index committee in a 'real bind' as its market value soars past Walmart, Datatrek says (TSLA) | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Tesla's eligibility to be included in the S&P 500 puts the index committee in a 'real bind' as its market value soars past Walmart, Datatrek says

The S&P 500 tracks the 500 largest publicly traded companies that are US-based, measured by market capitalization.

If included in the S&P 500, Tesla would likely garner a weight of more than 1% of the index, based on the comparative market capitalization and S&P 500 weight of Johnson & Johnson. What a Tesla inclusion in the index would mean for S&P 500 volatility is still up in the air, and it's possible that adding Tesla to the index could cause a short term sell-off in equities as the index has to sell down other S&P 500 members to fund the Tesla stake, said Colas.

Colas explained that Tesla's profitability has mostly been derived from the sale of Automotive Regulatory Credits, which is the sale of credits to other automakers who are not in compliance with state or federal requirements for zero emission vehicle sales. RBC says buy these 48 stocks spanning every industry that are poised to crush the market if Donald Trump wins reelection

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SPglobal accepts $Tsla in the index they will be faced w/ the biggest lawsuit against their company in the history of their company-thats a fact SEC_Enforcement allowed a criminal n fraudulent company to be manipulated by a lying CEO in elonmusk while $TSLA is a fraud This

tslaqtwin Not really. They can simply say 'No', for many reasons- most glaring is that Tesla fails to measure up to GAAP earnings. Merely qualifying doesn't guarantee inclusion- everyone knows these shares are wildly inflated, it would be stupid to add them now.

Do You Want To Make 3d Animated Logo Intro Video In $5 ? Contact Me : Logo Animation 3D Logo Animation Top Logo Animation Best Logo Animation

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines