Tesla is set to join the S and P 500 in December.

特斯拉將在12月加入S和P 500。

It's a major win for chief executive Elon Musk.

這是首席執行官埃隆-馬斯克的一次重大勝利。

Following months of speculation, Tesla's shares spiked 14% Monday on the news.

經過幾個月的猜測，特斯拉的股價週一在這一消息上飆升了14%。

With the stock market value over $400 billion Tesla is larger than the vast majority of the company's already in the index.

特斯拉的股票市值超過4000億美元，比絕大多數公司的已經指數都要大。

Because of its size, the S and P Dow Jones indices is considering whether to add Tesla's in two stages.

由於其規模，S和P道瓊斯指數正在考慮是否分兩個階段加入特斯拉的。

Index funds would need to sell about $51 billion worth of shares in companies already in the index in order to make space for the electric car maker.

指數基金需要出售價值約510億美元的已納入指數的公司股票，才能為這家電動汽車製造商騰出空間。

Speculation over whether the company would join the index has swirled since July, after Tesla cleared a major hurdle four consecutive quarters of profits.

自7月以來，在特斯拉掃清了連續四個季度盈利的重大障礙後，關於該公司是否會加入該指數的猜測就一直在蔓延。

Tesla's production is only a fraction of rivals such as Toyota, Volkswagen and General Motors, but it has weathered the pandemic and economic crunch better than the auto industry as a whole, sending shares up about 450% in 2020.

特斯拉的產量只有豐田、大眾和通用等競爭對手的一小部分，但它比整個汽車行業更好地度過了疫情和經濟危機，使股價在2020年上漲了約450%。

But skeptics have warned against adding Tesla to the S and P 500.

但懷疑論者警告說，不要把特斯拉加入到S和P 500中。

Many investors believe Tesla's stock is in a bubble.

許多投資者認為特斯拉的股票存在保麗龍。

There is also looming competition from longer established car companies and questions about corporate governance.

此外，還有迫在眉睫的老牌車企的競爭，以及對公司治理的質疑。

Under Musk, the chief executive agreed to pay out $20 million and step down as chairman in 2018 to settle fraud charges.

在馬斯克的帶領下，這位首席執行官同意支付2000萬美元，並在2018年辭去董事長職務，以解決欺詐指控。

Tesla will join the S and P 500 prior to the opening of trading on December 21st.

特斯拉將在12月21日開盤前加入S和P 500的行列。