Hey everybody Rob Mower here and today we're talking a little bit more about the

S&P 500 inclusion process for Tesla.

That'll happen later this week, so we're now about three trading days away from that

price and weight being finalized for Tesla in the index.

My understanding is that will be finalized upon market close on Friday

December 18th, though of course the official announcement says that it won't

begin trading as the adjusted index until Monday December 21st. For our though, the 18th is the day to watch.

As we get within three trading days of that, it starts to get more interesting

because a lot of these S&P 500 index tracking funds

state that in general they make these rebalancing adjustments, these

trades within three days of the event. As we have talked about in the past, though,

different funds have different guidelines and in general they are just guidelines

meaning they can be adjusted as needed for special circumstances.

So nothing concrete there really, but as we get closer, in general it should get more interesting.

All that as a preface to say that today we're going to be looking at what some of the biggest funds that track the S&P 500 are doing in regards to their position on Tesla the last couple of days.

We also have some other interesting news on the stock, a rumor out of Fremont on the Model Y and a couple other stories as well.

First let's take a look at the stock price though.

Tesla today finishing down 1% to $633.25 cents.

That compared to the NASDAQ actually up for the day pretty significantly up 1.25 percent.

As for volume I would say again relatively low today about 44.3 million shares traded hands that is

lower than the average volume that we have seen since

the S&P inclusion announcement. So while we have seen the overall volume

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