Tesla Inc investors were disappointed after the company was snubbed in the S&P 500’s latest round of inclusions, but the electric automaker’s entry could still happen at any time and a merger by others in the benchmark index might help. Merger activity within the S&P 500 has historically been the biggest reason companies leave the index, and could provide an opening for a company like Tesla, said two sources familiar with how the committee has made decisions. While some in the market have questioned the quality of Tesla’s earnings, it was still widely expected to gain entry to …read more
Source:: Yahoo Finance
