REUTERS: Shares of Tesla Inc rose 11per cent before the bell on Tuesday, adding around US$40 billion to the value of the electric carmaker and giving another boost to the fortune of billionaire Chief Executive Officer Elon Musk.
S&P DJI said the addition of the car company would require investment funds indexed to the S&P 500 to sell about US$51 billion worth of shares of current member companies so that their portfolios correctly reflect the index.
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