Tesla will enter the S&P 500 index next month

 Next month, Tesla (hermes outlet) will enter the Standard & Poor's 500 Index (S&P 500). Goldman Sachs said that this event may trigger a $8 billion rise in Tesla's stock price.


　　The news of entering the Standard & Poor's 500 index has pushed Tesla's share price up 22%, which is more than 200% of the index's best performing companies CARR and ETSY.


　　 In fact, if Tesla appears in the S&P 500 index now, it will be the index’s best performing stock so far this year.


　　 But according to reports, in about 31 days, $11 trillion mutual funds and other investments tracking the S&P index are expected to buy Tesla stock, and some Wall Street insiders are nervous about what might happen.


　　 "They almost turned the S&P 500 index into a momentum index," Benjamin Lau of Apriem Advisors told Bloomberg. The company manages assets worth US$850 million.


　　 "My biggest worry is how it will affect our index funds and passive holdings."

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