Tesla’s upcoming S&P 500 debut fuels ‘crazy’ trading volume

Filed under: Earnings/Financials,Green,Tesla,Electric

If you traded a stock in the past week, there’s a fair chance it was Tesla. Shares in the electric car maker led by CEO Elon Musk rose almost 3% on Wednesday and have now surged 40% since Nov. 16, when it was announced Tesla would join the S&P 500 in December. One of Wall Street’s most loved – and hated – stocks, Tesla was already the U.S. stock market’s most traded companies by average daily value, but trading has surged in recent sessions, along with Tesla’s stock price.

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Tesla’s upcoming S&P 500 debut fuels ‘crazy’ trading volume originally appeared on Autoblog on Wed, 25 Nov 2020 17:24:00 EST. Please see our terms for use of feeds.

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