Tesla set to open at all-time high ahead of S&P 500 inclusion
Shares of the electric vehicle manufacturer Tesla (TSLA.US) are set to launch today's trading at an all-time high. Stock may enjoy elevated volatility during today's trading as it will be the last session before it joins the famous S&P 500 index. As Tesla will be the biggest addition to the index in history, index-following funds have to buy loads of shares to prepare their portfolios. Wild price swings may occur especially near the close of today's Wall Street session when most funds make their trades.
Recent pre-market trades hint at Tesla (TSLA.US) launching today's trading at a record high. Elevated volatility is expected as it will be the last trading session before S&P 500 inclusion. Source: xStation5
