Tesla’s S&P 500 Debut May Spark $8 Billion Demand, Goldman Says
This article is for subscribers only.
Tesla Inc.’s already impressive stock market rally might be on the verge of a further massive boost.
The electric carmaker’s scheduled Dec. 21 inclusion in the S&P 500 Index could result in $8 billion of demand from active U.S. large-cap mutual funds, analysts at Goldman Sachs Group Inc. wrote in a note on Friday.