Tesla shares fall 6% in first day of trading on S&P 500 index
Elon Musk-led Tesla's shares on Monday dipped as much as 6.3% in pre-market trading in its first day of trading on the S&P 500 index. Tesla, which is the most valuable company to be added to the benchmark index, will account for 1.69% of the S&P 500. Tesla's shares have soared over 700% so far in 2020.