Tesla shares plunge as it fails to make it into S&P 500 index

By on
Tesla shares plunge as it fails to make it into S&P 500 index

Adds to broader sell-off of tech stocks.

Tesla tumbled as much as 20 percent on Tuesday after its surprise exclusion from the S&P 500 index added to the broader sell-off in technology stocks, which have dominated Wall Street's recovery from the coronavirus-driven crash earlier this year. Wall Street analysts and investors ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
500financeindexsptesla

Sponsored Whitepapers

Planning before the breach: You can’t protect what you can’t see
Planning before the breach: You can’t protect what you can’t see
Beyond FTP: Securing and Managing File Transfers
Beyond FTP: Securing and Managing File Transfers
NextGen Security Operations: A Roadmap for the Future
NextGen Security Operations: A Roadmap for the Future
Video: Watch Juniper talk about its Aston Martin partnership
Video: Watch Juniper talk about its Aston Martin partnership
Don’t pay the ransom: A three-step guide to ransomware protection
Don’t pay the ransom: A three-step guide to ransomware protection

Events

Most Read Articles

Kmart Australia stands up consent-as-a-service platform

Kmart Australia stands up consent-as-a-service platform
NSW digital driver's licences 'easily forgeable'

NSW digital driver's licences 'easily forgeable'
Westpac promotes its head of technology to mortgage role

Westpac promotes its head of technology to mortgage role
Telstra to open its 5G network to wholesale customers

Telstra to open its 5G network to wholesale customers

Digital Nation

Metaverse hype will transition into new business models by mid decade: Gartner
Metaverse hype will transition into new business models by mid decade: Gartner
Case Study: PlayHQ leverages graph technologies for sports administration
Case Study: PlayHQ leverages graph technologies for sports administration
COVER STORY: From cost control to customer fanatics, AI is transforming the contact centre
COVER STORY: From cost control to customer fanatics, AI is transforming the contact centre
As NFTs gain traction, businesses start taking early bets
As NFTs gain traction, businesses start taking early bets
The other ‘CTO’: The emerging role of the chief transformation officer
The other ‘CTO’: The emerging role of the chief transformation officer

Log In

  |  Forgot your password?