The electric-car maker's quarterly revenue made it barely past estimates, relying mostly on sales of environmental credits and the liquidation of 10% of its $1.5 billion bitcoin investment.
"A global shortage of computer chips is expected to limit production from all manufacturers in the immediate future, and Tesla won't be exempt," said Nicholas Hyett, equity analyst at Hargreaves Lansdown.
The carmaker's shares, up nearly 8% in pre-market trading, were on track to hit their highest in over a month.
The electric-car maker said on Friday it was encouraged by the strong reception of its Model Y crossover in China and it was quickly progressing to full production capacity.
Tesla's shares were recently down around 4% in pre-market trading after closing at a record high of $695 on Friday.
Silverblatt said that for every $11.11 Tesla moves, the S&P 500 changes 1 point, while the S&P's 2021 price/earnings ratio will rise to 22.6 from 22.3.
Elon Musk's Tesla on Monday will become the most valuable company ever admitted to Wall Street's main benchmark.
The company's shares were up 2.2% to $670.30 in mid-day trading, hitting a record high, although the stock did briefly turn negative during the session. Tesla shares have soared some 700% so far in 2020.