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4% fall seen by Tesla’s shares

4% fall seen by Tesla’s shares

Tesla has entered the S&P 500 with 1.69% weighting. The automobile company has also seen its shares drop by 6%. With a 1.69% weighting in the index, it is the fifth largest. When counting together the two share classes of Alphabet, Tesla is the sixth-biggest company in the large-cap benchmark. The drop of 6% occurred as investors cashed in anticipation of Tesla’s entry into the benchmark.

Sandra
Sandra
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