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John Bada

@JohnBada



Buying in Pasadena, CA., San Dimas, and Corona, CA.

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  Tesla Stock - July 22 After Hour Earnings

If you already own Tesla stock (maybe to help with your down payment), this YouTube video is excellent.

Tesla has 147,620,000 shares in its float. At $1,600/share, Tesla's market cap is $236 Billion. The S&P 500 market cap is $26,091 Billion. So Tesla, if included in the S&P 500, will represent 0.91% of the S&P 500.

If Tesla ... See More
YOUTUBE.COM

2 Comments - 5 months ago by TodayWeBuy
 
Thanks for the info. I found it interesting.

TodayWeBuy · 5M
OpenHouseOn.com LLC, Camarillo, CA · Lic# 12345678
   
 
Tesla (TSLA) had an amazing 2nd quarter and blew past estimates. This gives Tesla four profitable quarters in a row, which qualifies them to join the S&P 500.

There will be a meeting to decide whether to include Tesla into the S&P 500 and a future announcement date for inclusion, which is expected.

S&P Index 500 funds will have 2 months to purchase Tesla stocks to match their .93% market cap compared to the total S&P 500 market cap. That equates to 26 million shares that the index funds will need to purchase.


TodayWeBuy · 5M
OpenHouseOn.com LLC, Camarillo, CA · Lic# 12345678
   

Buyer John Bada · Video · 5 months · 5615 views
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