S&P cited racial discrimination claims in deciding to exclude the electric carmaker from a listing of socially responsible companies.
Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.
Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.
Tuesday’s losses put Tesla’s stock down more than 11 percent this week.
The milestone seemed unreachable just three years ago and comes as Tesla has seen a string of profitable quarters and a buoyant stock.
The electric-car maker will be the biggest addition in the history of the benchmark index. Will that settle down its swings?
The yield from a dividend fund can beat the scant rates paid these days by Treasuries and investment-grade bonds, if you can stomach the ups and downs of the underlying stocks.