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Very smart. Tesla joins the S&P500 in 13 days. Investors tied to this index are short at least $100 billion in stock. A $5 billion offering will have little imp
by spikels 6y ago
Very smart. Tesla joins the S&P500 in 13 days. Investors tied to this index are short at least $100 billion in stock. A $5 billion offering will have little impact on existing shareholders but take advantage of the high stock price.