
PALO ALTO, U.S./SHANGHAI/HONG KONG -- Tesla celebrated a major milestone on Monday when the electric vehicle maker joined the S&P 500 Index, signaling its arrival as a stock market heavyweight.
Despite dipping 6% at Monday's market open, Tesla's shares have surged more than 600% in 2020, and the company is on track to deliver 500,000 cars this year, a goal it has been targeting for years.