Tesla set to join the S&P 500 Index in December

Tesla will join the S&P 500 Index, effective December 21, according to a Monday announcement from S&P Global. This image shows a Tesla showroom and service center on September 4, 2020 in Burbank, CA.

Tesla will join the S&P 500 Index, effective December 21, according to a Monday announcement from S&P Global.

Tesla, which is now valued at more than Toyota, Disney and Coca-Cola, has a market cap of nearly $387 billion.

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