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Technology Stocks : Tesla EVs - TSLA
TSLA 739.78+0.1%Apr 16 4:00 PM EDT

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From: Sr K11/27/2020 2:29:25 PM
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11:42 AM Barron's

Tesla stock is up about 46% since the S&P index committee said it would add Tesla to the S&P 500 on Dec. 21. Traders have bid up shares in anticipation of the tens of billions of dollars worth of Tesla stock index funds will be buying on or around that date.

Investors and traders have been following the S&P indexation ever since Tesla reported a second-quarter profit, which qualified the company for inclusion.

Barron's panned an idea that Tesla stock could rise 60% on S&P inclusion like Yahoo!'s entry back in 1999. It feels shocking, but Tesla stock actually might pull a Yahoo!
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