TSLA stock: Tesla jumps 14% on S&P 500 inclusion speculation — Now the 10th biggest U.S. stock by market value

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Shares of Tesla hit a new all-time high on Monday, extending the stock’s record run, as investors continue to pile into the Elon Musk-led company. And as the company’s valuation climbs ever higher, speculation is growing that the company will soon join the S&P 500.

After Monday’s open, Tesla’s market value increased to $321 billion, according to FactSet. That makes it the 10th largest U.S. stock by market value, leapfrogging Procter & Gamble, according to FactSet.