Tesla surges on Wall Street after news of S&P 500 entry

The action of the electric vehicle maker climbed about 9% on Monday in electronic trading on Wall Street.

Through Le Figaro with AFP

Tesla will make its next entry into the S&P 500 index.
Tesla will make its next entry into the S&P 500 index. CHARLES PLATIAU / REUTERS

The share of electric vehicle maker Tesla climbed around 9% on Monday in electronic trading on Wall Street, after the announcement of its upcoming entry into the S&P 500 index, which includes the 500 largest companies of New York Square.

“Tesla Inc. (NASD: TSLA) will be added to the S&P 500, effective before the opening of trading on Monday, December 21 to coincide with the quarterly rebalancing in December”S&P Dow Jones Indices, which manages the S&P 500 and Dow Jones indices, said in a statement.

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