Tesla Rises on Bump Up to Nasdaq-100 Index: Mover
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Tesla Motors Inc., the world’s best-performing automotive stock this year, rose to a record after Nasdaq OMX Group Inc. said it’s elevating the company’s shares to its Nasdaq-100 Index to replace Oracle Corp.
The electric-car maker named for inventor Nikola Tesla climbed 1.5 percent to $123.45 in New York, the highest closing price since Tesla’s market debut three years ago.