$82 Billion Wiped from Tesla’s Market Cap.

Tesla’s (NASDAQ: TSLA) plunged 21.1% yesterday, and the company’s share price dropped to $330.21 before market close. Heavy Losses in a Bear Market As a result, the company suffered its biggest losses since going public. Tesla’s stock plunge effectively wiped off $82 billion from the automaker’s market capitalization.  Tesla’s stock lost 33.7% of its value […]

Tesla to Join S&P 500 Club

s&p tesla club

It is Tesla’s world; we just live in it.  The company’s inclusion in the S&P 500 index is all but a certainty, according to some financial analysts.   Daniel Ives of Wedbush Securities stated that the inclusion is “already considered a fait accompli among the bulls”. Tesla is set to report its 2020 Q2 earnings this […]