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Tesla Stock Falls Six Percent After S&P 500 Debut

Up through last week, Tesla's stocks rose about 700 percent this year alone.

Tesla Stock Falls Six Percent After S&P 500 Debut
David Zalubowski / AP
SMS

Tesla's stock slumped on the company's first day on the S&P 500. Shares for the electric car and solar panel manufacturer fell more than six percent yesterday. 

Up through last week, Tesla's stocks rose about 700 percent this year alone. Tesla is the most valuable car manufacturer in the U.S. and one of the ten biggest companies in the S&P.