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The Bull & The Bear - Money & Markets EPISODE 57, 18th November 2020
Tesla to List on S&P 500 — Stock Still Not a Buy
00:00:00 00:10:51

Tesla to List on S&P 500 — Stock Still Not a Buy

So far, the big financial news this week is that a surging company will list on the S&P 500 Index for the first time.

Tesla Inc. (Nasdaq: TSLA) qualified for listing after it reported its fourth straight quarter of profits.

That did wonders for its share price.

The announcement was Monday.

Once the bell sounded to start trading on Tuesday, shares of the electric car maker jumped almost 8%.

While the news for the company and its CEO Elon Musk is good, it brings up an important question:

Is Tesla stock a buy for investors?

In this episode of The Bull & The Bear, I take a deeper dive into Tesla. I’ll also explore what may (or may not) happen to Tesla’s stock because of its inclusion in the index.

I even tell you if the latest news makes the company one you should have in your portfolio.

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