This could be why Tesla stock was excluded from the S&P 500

There was quite a bit of talk about Tesla stock being excluded from the S&P 500 when the committee did its quarterly rebalancing. However, the committee didn’t explain why it excluded Tesla stock from the S&P 500. As a result, we are left speculating about the reasons.Q2 2020 hedge fund letters, conferences and moreBulls don’t expect Tesla stock to be excluded from S&P 500 foreverIn a note about Tesla stock being excluded from the S&P 500, Wedbush analyst Daniel Ives noted that it was generally a consensus view that it would be added to the index. He suggested that the “profitability metrics a…

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HEDGE accordingly