woodisgood
Optimustic Pessimist
Tesla knows that a stock split will increase the share price over the next 3 weeks. Culminating in more buying pressure once the split is complete and the stock price is trading in the 300-400 level.
As other's have pointed out, as the share price increases, the worse it is for the S&P. Could be Tesla's way of saying do the inclusion now or wait until your Sept meeting and do inclusion at a much higher share price.
I guess I’m only slightly convinced that S&P really cares what the price is when they do the inclusion, or that they missed huge gains. They’re probably more concerned with the destabilization involved in dumping billions worth of other stocks to make room. And I suppose that worsens as Tesla’s market cap increases.
I guess I just don’t have a clear handle on what exactly would be primary motivators and incentives for the committee.