{"id":132,"date":"2017-09-11T11:08:28","date_gmt":"2017-09-11T15:08:28","guid":{"rendered":"http:\/\/demo.themesuite.com\/automotive-wp\/?p=143"},"modified":"2017-09-11T11:08:28","modified_gmt":"2017-09-11T15:08:28","slug":"tesla-to-join-nasdaq-100-as-oracle-defects-to-nyse","status":"publish","type":"post","link":"https:\/\/mkmcars.com\/1\/2017\/09\/11\/tesla-to-join-nasdaq-100-as-oracle-defects-to-nyse\/","title":{"rendered":"Tesla to join Nasdaq 100 as Oracle defects to NYSE"},"content":{"rendered":"<p>Tesla Motors Inc., the world&#8217;s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.<\/p>\n<p>The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.<\/p>\n<p>Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.<\/p>\n<p>&#8220;It&#8217;s a coming of age, recognition that a company has market<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Motors Inc., the world&#8217;s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.<\/p>\n<p>The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.<\/p>\n<p>Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.<\/p>\n<p>&#8220;It&#8217;s a coming of age, recognition that a company has market<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,13,8],"tags":[14,15,16,17],"class_list":["post-132","post","type-post","status-publish","format-standard","hentry","category-automakers","category-manufacturing","category-production","tag-financial","tag-nasdaq","tag-nyse","tag-tesla"],"_links":{"self":[{"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/posts\/132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/comments?post=132"}],"version-history":[{"count":0,"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/posts\/132\/revisions"}],"wp:attachment":[{"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/media?parent=132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/categories?post=132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mkmcars.com\/1\/wp-json\/wp\/v2\/tags?post=132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}