Tesla stock surges 13% on S&P 500 addition

Tesla stock on S&P 500 index from Dec 21

TESLA (TSLA.US) stock rallied more than 13% in after-hours trading after S&P Dow Jones Indices announced it would add the electric car maker to the S&P 500, effective December 21st. Today, one can see that the upward move is being continued after US open. Tesla is one the highest-valued companies ever to be included in the benchmark index, and its current market cap of almost $ 400 billion makes it more valuable than 95% of the companies which are now included in the S&P 500.

TESLA (TSLA.US) stock launched today’s session with a massive bullish price gap. Should upbeat moods prevail then all-time high at $500.00 could be at risk. Source: xStation5

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