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Tesla excluded from S&P 500 despite massive market capitalization

Shares of Tesla tumbled 7% in extended trade on Friday after the electric car maker was excluded from a group of companies being added to the S&P 500, among them Etsy, whose stock market value is less than a 20th of Tesla’s.

Source: https://www.autoblog.com/2020/09/05/tesla-excluded-sp-500/
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