Tesla excluded from S&P 500 despite massive market capitalization

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The decision by S&P Dow Jones Indices is a blow to Tesla investors who widely expected the company to join the benchmark stock index after a blockbuster quarterly report in July cleared a major hurdle for its potential inclusion. S&P Dow Jones Indices said in a statement it was adding online craft seller Etsy , semiconductor equipment maker Teradyne and pharmaceutical technology company Catalent to the S&P 500, effective Sept. 21, and removing H&R Block , Coty <C

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Tesla excluded from S&P 500 despite massive market capitalization originally appeared on Autoblog on Sat, 5 Sep 2020 15:30:00 EDT. Please see our terms for use of feeds.

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