Tesla to Join S&P 500
17 November 2020 - 9:59AM
Dow Jones News
By Josh Beckerman
Tesla Inc. will join the S&P 500, effective before the open
of trading Dec. 21.
S&P Dow Jones Indices said that due to the large size of the
addition, it is "seeking feedback through a consultation to the
investment community to determine if Tesla should be added all at
once on the rebalance effective date or in two separate tranches
ending on the rebalance effective date."
Tesla will replace an S&P 500 company that will be named
closer to the effective date.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
November 16, 2020 17:44 ET (22:44 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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