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Tesla's shares fall as it makes debut on Wall Street's S&P 500


Tesla shares fell yesterday as it made its debut on Wall Street s S&P 500. 
The blue-chip index measures the stock market performance of 500 of the largest public companies in the United States. 
The electric car maker – which is run by billionaire Elon Musk (pictured below) – is the biggest firm to join the S&P and its shares gained 60 per cent in value after the change was announced last month. But yesterday they dropped 6.5 per cent to $650 each. 
Some analysts suggested this was because a rush by tracker funds to snap up the stock before yesterday had inflated its value. 
Nevertheless, Tesla s admission to the S&P comes after huge growth in its shares, which are up by more than 600 per cent this year.  ....

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