Shares of Tesla (NASDAQ: TSLA) trade 5.5% in the red on the first day of trading as a constituent of the S&P 500 index. Fundamental analysis: The largest-ever company to be added to S&P 500 The inclusion of Tesla on the S&P 500 means that other index funds will have to purchase almost $80 billion of the automaker’s stock while unloading shares of other companies tracked by the benchmark index. Tesla is the largest-ever company to be added to the S&P 500 with a market value of over $600 billion. At first, the S&P Dow Jones committee considered adding Tesla’s
Full ArticleHere’s what Wall Street analysts say as Tesla makes its debut on S&P 500
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