Tesla Inc share price: S&P 500 to swallow automaker in one gulp
Tesla Inc shares jumped 4% in extended trade on Monday after S&P Dow Jones Indices said it would add one of Wall Street`s most valuable companies to the S&P 500 index all at once on Dec. 21.
Adding Elon Musk`s Tesla to Wall Street`s most followed benchmark will force index funds to buy about $73 billion worth of its shares, S&P Dow Jones Indices said.