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View Full Version : Tesla excluded from S&P 500 despite massive market capitalization


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09-05-2020, 12:59 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Green (https://www.autoblog.com/category/green-auto-news/),Tesla (https://www.autoblog.com/tesla)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-01/5d2c79f0-0f35-11e9-b2fb-35be355c3a5c 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