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Index provider 'baffled' at how to add a company of Tesla's size to the S&P 500, says Cramer

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At its current valuation Tesla is among the top ten most valuable companies in the S&P 500, making it challenging to add to the benchmark index.

, but given the electric vehicle company's size, adding it to the index is no easy feat, said CNBC's Jim Cramer.

S&P Dow Jones Indices is well aware of the challenge of adding such a large company, and on Monday night said it was considering adding Tesla to the index in two tranches. In a departure from custom, the index provider did not announce who Tesla will be replacing.

 

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That's a funny way to include a company in S&P, aka based on market cap

Cramer is just a hater, sometimes hype is all you need 😎

Now S&P will be 🚀 after adding Tesla.

nice

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