EnergyWatch

Tesla rally expected on last trading day up to S&P 500 entry

A massive amount of Tesla equity is expected to be sold Friday, the last trading day for the stock before the carmaker's S&P 500 index entry takes effect Monday.

Photo: JUSTIN SULLIVAN/AFP / GETTY IMAGES NORTH AMERICA

Market observers expect a major Tesla stock sale Friday, the final day for trading the automotive group's equity before it enters the S&P index on Monday, Reuters writes.

Roughly USD 80 billion in Tesla shares are expected to sell Friday, according to the news agency's sources.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest News

Vacancies

See all

See all