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Tesla is ‘profoundly overvalued,’ and its exclusion from the S&P 500 was a ‘brave’ decision by the index committee, DataTrek says | Markets

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Elon Musk.
AP Photo/Susan Walsh

  • Tesla’s exclusion from the S&P 500 index on Friday was a “brave” decision by the index committee, DataTrek said in a note on Wednesday.
  • The note …
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