Elon Musk Unlocks $2.1 Billion Award as Tesla Hits Milestone

Tesla has seen a significant increase in market value, adding over $100 billion since late June. The company faces a crucial test with its upcoming financial results, which could impact its profitability streak and potential inclusion in the S&P 500. High expectations for strong deliveries have contributed to Elon Musk's substantial payday, with access to option contracts worth billions. Achieving another profitable quarter is key for Tesla to attract more passive and institutional investors.

What major event is Tesla's stock facing soon?

• A financial results report

• A merger with another company

• A change in CEO

• A new product launch

What has contributed to Elon Musk's recent financial success?

• A new investment in SpaceX

• A reduction in Tesla's production costs

• A partnership with another car manufacturer

• High expectations for Tesla's second-quarter deliveries

What milestone did Tesla briefly achieve in the market?

• Becoming the largest tech company

• Surpassing $300 billion in market cap

• Launching a new electric vehicle

• Opening a new factory in Europe

What is required for Tesla to be included in the S&P 500?

• A merger with a tech company

• A new product line

• Full net profitability for an annual period

• A significant increase in stock price

What would inclusion in the S&P 500 mean for Tesla?

• Increased interest from passive and institutional investors

• Access to more government contracts

• A decrease in stock volatility

• A new partnership with a tech giant