No. of Recommendations: 0
and tesla since it was added to the index. ""But even with its recent bump, Tesla has held down the S&P 500’s return since it joined the index.
According to Silverblatt’s numbers, the S&P 500 had a total return—price gains plus reinvested dividends—of 27.02% from the time Tesla joined the index through Nov. 15. Because Tesla doesn’t pay a dividend, its return during that period was a mere 4.82%—the increase in its share price over that period. (After a bad day on Nov. 16, its return had fallen to 0.08%.)""
No. of Recommendations: 0
""If you’re wondering how much Tesla’s rise and fall matters for your own wealth as an index investor, Silverblatt has some numbers for you, too. A person with $10,000 invested in the S&P 500 at the start of 2022 lost $1,811 that year. Of that, $183 was attributable to Tesla.
This year, the market has done much better. If you had $10,000 in the S&P 500 on Jan. 1, you made $1,897 through Nov. 15. Tesla’s share: $99.37.""