Advertisement
UK markets open in 3 hours 18 minutes
  • NIKKEI 225

    38,913.48
    +296.38 (+0.77%)
     
  • HANG SENG

    18,949.78
    -245.82 (-1.28%)
     
  • CRUDE OIL

    77.05
    -0.52 (-0.67%)
     
  • GOLD FUTURES

    2,372.30
    -20.60 (-0.86%)
     
  • DOW

    39,671.04
    -201.95 (-0.51%)
     
  • Bitcoin GBP

    54,435.51
    -452.20 (-0.82%)
     
  • CMC Crypto 200

    1,510.60
    -15.82 (-1.04%)
     
  • NASDAQ Composite

    16,801.54
    -31.08 (-0.18%)
     
  • UK FTSE All Share

    4,560.55
    -23.85 (-0.52%)
     

Why Tesla Stock Climbed 24.3% in December

Why Tesla Stock Climbed 24.3% in December

Shares of Tesla (NASDAQ: TSLA) rose 24.3% in December, according to data from YCharts. The red-hot electric vehicle manufacturer appears to have benefited from being added to the S&P 500 index, strong vehicle delivery numbers, and favorable coverage from analysts. Tesla was added to the S&P 500 before the market opened on Dec. 21, which meant that the many funds tracking the popular index had to acquire the company's shares.