Tesla Shares Continues To Fall

Tesla Shares Continues To Fall Tesla shares continues to fall. Tesla shares reached up to 10 percent in pre-opening transactions. There was a sharp decline as Tesla Inc. stocks were not included in the index on Friday. The sharp drop on Friday is expected to be valid today as well.   The losses of the company owned by Elon Musk reached up to 10 percent in pre-opening transactions in the USA. Tesla, known for producing electric vehicles was expected to be included in the Standard & Poor's 500 (S&P 500) Index on Friday which did not happen. S&P Dow Jones Indices, which controls indices in the US, added online retailer Etsy, semiconductor equipment manufacturer Teradyne and medical technology company Catalent to the index instead of Tesla.   Credit Suisse analyst Dan Levy said that Tesla's exclusion from the index reflects the difficulties in adding a firm of this size. He added that Tesla is still waiting to be added to the index. As it is known, the markets were closed due to the official holiday in the USA on Monday.   Wedbush Securities analyst Dan Ives said for Friday, "The decision to not include Tesla shares to the index may be based, at least for now, on 'profitability measurements' and questionable year-end forecast of the automaker."   Tesla shares, which gained nearly 400 percent this year, announced its fourth consecutive quarterly profit in July and overcome the last major obstacle considered by S&P Dow Jones Indices.