When Will Tesla Join S&P 500?

Tesla, Inc. (TSLA), the Palo Alto, Calif. -based electric car behemoth, will be added to the S&P 500 on Dec. 21, according to S&P Dow Jones Indices.

Will Tesla stock go up after joining S&P 500?

Shares of Tesla will join the S&P 500 on Dec. 21, and that is when funds indexed to the S&P essentially start buying. ... The higher the price for Tesla goes, the larger the impact of any post-indexation moves. That isn't really a risk for index funds because they only track the index.

What time will Tesla Be Added to S&P 500?

“S&P Dow Jones Indices (“S&P DJI”) has determined it will add Tesla to the S&P 500 at its full float-adjusted market capitalization weight effective prior to the open of trading on Monday, December 21, 2020,” the index manager said late Monday.

Sophia Al-Mansoor

Sophia Al-Mansoor

Global Business & E-Commerce Reporter

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.