Tesla could soon be joining the S&P 500 as analysts expect the electric car maker to post its fourth consecutive profitable quarter later this month by skleb1234
Elon Musk's Tesla is one of Wall Street’s hottest and most controversial stocks, and it could soon be joining the S&P 500 as analysts expect the electric car maker to post its fourth consecutive profitable quarter later this month.KEY FACTS
If Tesla is able to clear that milestone, it will mark four consecutive quarters of profits—a first for the carmaker and a key requirement for a company looking to get added to the S&P 500, ReutersIf the electric car maker does get added to the index, not only will it be a huge accomplishment for billionaire CEO Elon Musk, it could also mean ain the world and now sports a market capitalization of about $250 billion: That would make it one of the most valuable companies ever added to the...
Tesla’s stock, now above $1,400 per share, has been gaining serious momentum since mid-2019, rising over 580% in the last twelve months.
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