After the S & P Dow Jones Indices announced that Tesla will list as one of the companies in the index, Tesla’s shares have spiked 13% higher.
Although Tesla has always been valuable, companies are expected to report four sequential quarterly profits following strict accounting guidelines, also it was rejected in September.
This year has been a year of many wins for the automobile company, as it continued to record gains after gains.
During the early part of the year, Tesla hit $100 billion in Market Valuation, shortly after, it debuted its Robo Taxis. This makes it the largest company ever to be added to the S & P at a $380 billion market capitalization