There have been other NASDAQ-100 changes this year, none of them automotive: Starz Inc. kicked off Liberty Media, only to see Kraft Foods give Starz the boot. Liberty Media then returned and kicked off Virgin Media. Netflix also replaced Perrigo. The list is always in flux, with about two dozen changes taking place in 2012 and about 10 in 2011. Other automotive-related companies presently on the list include O'Reilly Automotive and Paccar.
NEW YORK, July 8, 2013 (GLOBE NEWSWIRE) -- Tesla Motors, Inc. (Nasdaq:TSLA) will become a component of the NASDAQ-100 Index(R) (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) prior to market open on Monday, July 15, 2013. Tesla Motors, Inc. will replace Oracle Corporation (Nasdaq:ORCL).
Tesla Motors, Inc. is headquartered in Palo Alto, California, and has a market capitalization of approximately $12.8 billion. For more information about the company, go to www.teslamotors.com.
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