NASDAQ on Tuesday announced that it will adjust the weighing of several companies in the NASDAQ-100 index to better reflect their market capitalizations. The NASDAQ-100 index is comprised of the 100 biggest non-financial stocks on the NASDAQ exchange. The adjustment, which will take place on May 2nd, is the first of its kind since 1998. Apple will take the biggest hit as its weighting will be adjusted down from 20.46% of the the index to 12.33%. The Cupertino-based company’s representation on the NASDAQ-100 is currently six times that of the No. 2 company, Microsoft, which will see its weight doubled on May 2nd. A total of 82 stocks will be adjusted downward while 18 companies including Microsoft, Google, Intel, Cisco and Oracle will get larger shares.

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As of yesterday, no American car company had gone public since Henry Ford put his family business on the on the U.S. stock exchange back in 1956. Today, Tesla Motors (TSLA) — in an IPO — sold over 13.3 million shares of stock on the NASDAQ exchange totaling $226.1 million. The all-electric car maker’s mission is simply to “sell high performance, super efficient electric cars.” Tesla uses some pretty impressive technology to manage, store and harness the electric charge stored in the cars batteries. The company should have their first mass production model — The Model S — rolling off the assembly line this year. The company’s stock closed just south of $24.

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As part of its “DROID Does” advertising campaign, Verizon Wireless is teaming up with Google, Reuters and R/GA to take over Times Square in a promotion to showcase Google Voice search and the Motorola DROID, just like we reported previously. If you are in Manhattan for the craziness called Black Friday, stroll on down to Times Square and call 888-376-4336 to do a Google search by voice. Your query and local search results will then be displayed on either the Reuters sign or the NASDAQ sign for the world to see. Behind the scenes is a small farm of Motorola DROIDs that accept the incoming calls, process the Voice search and display the results on the big screens. Pretty cool! This promo has been up and running for a few select hours each day for the past few weeks but on Black Friday, the DROID will commandeer the displays for a full 20 hours. If you can’t be in NY on Friday, you can watch all the action via a streaming webcam feed.

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