S&P 500

Tesla’s Upcoming Inclusion In The S&P 500 Index

For years now, Tesla has enjoyed a market capitalization sufficient to distinguish it as one of America’s 500 most important publicly traded companies. The missing ingredient for Tesla’s inclusion in the granddaddy of all indexes, the Standard and Poor’s 500, has been consistent profitability. Now that Tesla has shown a profit of more than $300 million in Q3 of 2018 and its CEO Elon Musk predicts continued profitability ahead, inclusion in the S&P 500 index is extremely likely in the not-so-distant future. Let’s look at this event’s implications for Tesla and its stock price, plus consider the likely timing of such a move.