Tesla to be added to S&P 500


Tesla is to be added to indice S&P 500 by December 21st which is a great news after it was refused during the last reshuffle. Reasons for beiing refused was huge volatility and it was called by many most dangerous stock on US market and by adding it it would increase volatility of entire indice, right now however price looks more stable. Tesla is looking to have profit for entire calendar year after record 331 million profil in 3q and previous two quaters in plus as well. Together with news of beiing accepted to S&P 500 will support bulish investors and we can expect Tesla stock to continue rise. (Somerville, Wall Street Journal)


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