Udates
September 4th Update | Tesla did not make the S&P 500
Key Points:
Shares of Tesla sank more than 6% after hours on Friday after Etsy, Teradyne and Catalent were added to the S&P 500 Index, but not Elon Musk’s electric car maker.
Tesla was seen as a candidate for inclusion after reporting its fourth straight profitable quarter.
Related Sources
Tesla falls after S&P 500 adds Etsy and two others, bypassing carmaker - https://www.cnbc.com/2020/09/04/tesla-falls-after-sp-500-adds-etsy-and-two-others-bypassing-carmaker.html
Tesla Falls After Anticipated S&P Inclusion Fails to Materialize - https://finance.yahoo.com/news/tesla-falls-anticipated-p-inclusion-212907656.html