yang_nastyman
Senior Member
- Joined
- Nov 25, 2011
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The upside based on the inclusion alone is not as huge as you might think. So yeah, the price will go up initially because of S&P500 funds buying in.
But remember on the other hand, other non-S&P500 funds that are heavy on TSLA or already have a decent weightage in it (ARK, QQQ, QCLN VUG, SMT, Baillie Gifford etc.) will need to sell and rebalance. This plus profit taking will drive the price down more than buying IMO.
The net change in price won't be that much when everything settles down. It's good news for TSLA all around, but nothing fundamentally changes and the smart money should already know this.
why do they have to sell tsla?
