Tesla no longer qualifies for inclusion in the S&P 500 ESG Index. It’s a call that is likely to surprise investors, with the potential for a modest impact on the stock price.
Tesla (ticker: TSLA), a company that CEO Elon Musk says he founded to put the world on a path to a sustainable-energy future, doesn’t have a comprehensive low-carbon strategy, according to S&P Dow Jones Indices.
“A…