My guess as to why the market tanked is probably to due to Musk blasting ESG scores and Tesla being removed from the S&P 500:
They’re “fortifying” the stock market the same way they “fortified” the election.
The (Re)Balancing Act of the S&P 500 ESG Index – Indexology® Blog | S&P Dow Jones Indices
Get insights on trending investment themes from industry thought leaders on the Indexology® blog from S&P Dow Jones Indices.
www.indexologyblog.com
Tesla Got Kicked Out of the S&P 500 ESG Index
S&P Dow Jones Indices said the company, which has helped push the car industry toward electric vehicles, doesn't have a comprehensive low-carbon strategy.
www.barrons.com
They’re “fortifying” the stock market the same way they “fortified” the election.
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