Company Of The Day: Tesla

+16.04%
Upside
180
Market
209
Trefis
TSLA: Tesla logo
TSLA
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?

Relevant Articles
  1. Down Almost 20% This Year, Is Tesla Stock Good Value?
  2. Down 9% Year-To Date, Will A Q4 Earnings Beat Drive Tesla Stock Higher?
  3. With Delivery Growth Cooling, Is Tesla Stock Still A Buy At $250?
  4. Following A Lackluster Cybertruck Debut, Is Tesla Stock Overvalued At $240?
  5. Will Weak Earnings Follow Tesla’s Mixed Delivery Report?
  6. With Deliveries Missing Estimates, What’s Next For Tesla Stock?

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

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates