TSLA | Tesla, Inc.
The company now plans to invest $27 billion on EV projects, as compared to $20 billion it initially revealed
The news that investors were waiting for finally came after the closing bell on Monday as Tesla (NASDAQ:TSLA) was finally announced that it would be added to the S&P 500 index as of December 21, 2020.
Tesla Motors has anchored the red-hot electric vehicle sector so far this year, as the industry has enjoyed near triple digit growth across the board.
Tesla delivers GAAP earnings, clearing final hurdle for S&P 500 inclusion.
As the company’s valuation keeps climbing, speculation is growing that the company will soon join the S&P 500.
