Tesla Plunges After Major Shareholder Cuts Stake

The video discusses Tesla's recent stock volatility, highlighting a significant drop due to Baillie Gifford's reduction in its stake. This move was technical, adhering to portfolio guidelines. Despite this, Baillie Gifford remains a significant shareholder. The video also speculates on Tesla's potential inclusion in the S&P 500, noting that it meets the profitability criteria. An announcement is expected soon, which could lead to significant market activity as index funds adjust their holdings.

What did Dan Levy from Credit Suisse suggest about the timing of the S&P 500 announcement?

How have retail investors reacted in anticipation of Tesla's potential inclusion in the S&P 500?