Company Of The Day: Tesla
What?
Electric vehicle bellwether Tesla stock (NASDAQ:TSLA) was removed from the widely-followed S&P 500 ESG Index. The index includes companies based on environmental, social, and governance criteria.
Why?
- How Will Tesla’s Earnings Trend After A Tough Q1 Delivery Report?
- With Deliveries Falling And Inventory Piling Up, What’s Next For Tesla Stock?
- Down Almost 20% This Year, Is Tesla Stock Good Value?
- Down 9% Year-To Date, Will A Q4 Earnings Beat Drive Tesla Stock Higher?
- With Delivery Growth Cooling, Is Tesla Stock Still A Buy At $250?
- Following A Lackluster Cybertruck Debut, Is Tesla Stock Overvalued At $240?
S&P has cited issues that include racial discrimination claims as well as crashes that are linked to Tesla’s autopilot system.
So What?
Tesla stock dropped by over 7% in Wednesday’s trading following the news as passive index funds tracking the index will likely sell Tesla shares.
See Our Complete Analysis For Tesla
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