© 2022 Iowa Public Radio
IPR20012_Website_Header_Option2_NewsNavy.png
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Tesla Stock Surges As Investors Anticipate Entry Into S&P 500

Tesla’s stock has surged since in the past two weeks, ahead of an earnings report that may indicate the company has been profitable for a full year. Chinese sales have buoyed the company even as demand slackened in the U.S.

If Tesla reports another profitable quarter, it would be admitted into the S&P 500 for the first time — a milestone that investors are eager for it to achieve.

Business analyst  Roben Farzad, host of Public Radio’s  Full Disclosure, digs into the latest on the electric car manufacturer.

This article was originally published on WBUR.org.

Copyright 2020 NPR. To see more, visit https://www.npr.org.