Tesla's earnings are due out later today. Some analysts forecast a surprise profit that would make the company eligible for inclusion in the benchmark stock-market gauge.
Tesla Inc.’s stock rally has made it bigger than many behemoths of American industry, but the electric-car company has yet to achieve one major milestone: inclusion in the S&P 500.
Shares have more than tripled this year, driving Tesla’s market value to $291 billion, according to FactSet. The run has been fueled in part by optimism about the car maker’s earnings report due out late Wednesday. Some analysts forecast a surprise profit that would make the company eligible for inclusion in the benchmark stock-market gauge.
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