Tesla (NASDAQ: TSLA), an American EV and clean energy company, was featured in an article on Yahoo! Finance titled, “Tesla is getting added to the S&P 500, shares surge on the news.” The article highlights a more than 10% jump in TSLA shares in the after-hours session on the news that the electric carmaker is set to join the S&P 500. The article reads, “On Monday evening, the S&P Dow Jones Indices announced that Tesla will be added to the closely-followed stock index on Monday, Dec. 21 before the market opens to coincide with the December quarterly rebalance. ‘Due to the large size of the addition, S&P Dow Jones Indices is seeking feedback through a consultation to the investment community to determine if Tesla should be added all at once on the rebalance effective date or in two separate tranches ending on the rebalance effective date,’ S&P Dow Jones Indices said in its release.”
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About Tesla Inc.
Tesla is an American electric vehicle (“EV”) and clean energy company based in Palo Alto, California. The company specializes in electric vehicle manufacturing, battery energy storage from home to grid scale and, through its acquisition of SolarCity, solar panel and solar roof tile manufacturing. For more information, visit www.Tesla.com.
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