Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest

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The electric car maker is set to join the S&P 500 at Monday's open with a 1.69 weighting, the fifth largest.

The historic addition to the S&P 500 put a bow on Tesla's outstanding 2020. The Elon Musk-led company has turned in five consecutive profitable quarters amid heightened demand for electric vehicles. Tesla shares have soared more than 730% this year, bringing the company's market capitalization to more than $658 billion.

Meanwhile, as Tesla doesn't pay dividends, the S&P 500's dividend yield will dip to 1.53% from 1.56%, Silverblatt said. In terms of the S&P 500's performance, the high-growth stock could potentially move the needle. For every $11.11 Tesla moves, the S&P 500 changes 1 point, according to the index analyst.

that the S&P 500's total return would have been lifted by 2 percentage points had Tesla been a constituent all year. The S&P 500 so far in 2020 is up 14.8%.for exclusive insights and analysis, and live business day programming from around the world.

Source: Energy Industry News (energyindustrynews.net)

 

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Blocking CNBS.

Stock heavyweight TESLA

I wonder if he still smokes weed?

When will TSLA come crashing down?

WEIGHING ON FUNDAMENTALS

Investeraren Så då blir jag ägare av Tesla

Nothing like having literally the entire investing world buying at the top.

I'm curious to see what the SPY does on Monday morning. Thoughts?

to 'investors' - 'BUY! BUY! BUY! We need more bagholders! Economy is in a best place ever - on the middle of pandemic and Recession/Depression'

Yes! Pump it up! Let the pumping begin! Debt doesn't matter! Negative GDP doesn't matter! 20 MILLIONS unemployed doesn't matter! Economy is in a best place ever - on the middle of pandemic and Recession/Depression.

SEC going to find something on Elon Musk and the stock is going to lose 90% in 2021.

4000 before christmas? sounds safe...

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Last friday jp Morgan goldman sach blackrock bought all in the last minute. Coming Ath gold , índices . Fight with this manipulators is impossible

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Nice

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