Tesla039s

Apple Car Spoils Tesla's Big Day

Submitted by Market Crumbs, Tesla’s long-awaited first day of trading as a member of the S&P 500 started out with a tweet from co-founder and CEO Elon Musk congratulating those who helped the company get to this point. “Thanks to everyone who worked so hard to make Tesla successful,” Musk tweeted. “My heart goes out…

Hedge Funds May View Tesla's S&P Sell-Off As A "Negative Catalyst"

Tesla faced what appeared to be its first reality check in years in trading on Monday. After being included into the S&P 500 index, Tesla shares finished the day down 6.49%, falling $45 per share amid a coming¬†implied volatility collapse and a liquidity triggered “normalization” that very well could prevent Tesla from being pushed higher…