Tesla is now eligible to be considered for inclusion in the popular S&P 500 index after its successful earnings results. On Wednesday, Tesla reported its fourth consecutive quarterly profit, the final milestone it needed to reach for consideration in the index. Here’s what happens next, according to the S&P D&Jones. …
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A SpaceX Falcon 9 rocket is launched carrying the company’s Crew Dragon spacecraft on the Demo-2 mission with NASA astronauts Robert Behnken and Douglas Hurley on board. NASA / Bill Ingalls Space Exploration Technologies, Elon Musk’s reusable rocket and satellite Internet company, is in talks to raise $ 500 million …
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An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | fake pictures During a second-quarter earnings call on Wednesday, Tesla CEO Elon Musk and CFO Zachary Kirkhorn told investors they reached a significant milestone: four consecutive quarters of GAAP profitability. The electric …
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Tesla’s electric car business was “the first wave of growth” and will give way to a greater focus on renewable energy, billionaire Chamath Palihapitiya said on Wednesday. Elon Musk’s company is “the leading coverage when it comes to electrification and decarbonization,” and is worth trillions of dollars once investors appreciate …
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The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
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