Kit Rees and Stefan Nicola

Business, Technology, Fuel, Autonomous

Tesla Shares Plunge After GM’s Nikola Stake, S&P Omission

Tesla CEO Elon Musk speaks during a ceremony in China on Jan. 7. Tesla CEO speaks during a Model 3 delivery ceremony at the company's Gigafactory in Shanghai, China, on Jan. 7. (Qilai Shen/Bloomberg News)

Tesla Inc. shares slid on Sept. 8 after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise.

Kit Rees and Stefan Nicola | Bloomberg News
September 8, 2020