Tesla on Wednesday posted a profit for four straight quarters now to  considered  in the stock index of the largest U.S. companies and be considered to be an addition on the S&P 500 index.

The facts are in:

Earnings: $2.18 (ex-items) vs. 3 cents per share, expected.

Revenue: $6.04 billion vs. $5.37 billion, expected.

Net income: $104 million (GAAP)

Tesla reinitiated its guidance for half a million vehicle deliveries this year.

NASDAQ: TSLA Elon Musk’s SpaceX in talks to raise funds at $44 billion valuation Bloomberg News reported on Thursday.

Tesla Inc. (TSLA) Nasdaq Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002 and Tesla Motors in 2003.

As lead designer at SpaceX, Elon oversees the development of rockets and spacecraft for missions to Earth orbit and ultimately to other planets. In 2008, the SpaceX Falcon 1 was the first privately developed liquid fuel rocket to reach orbit, and SpaceX made further history in 2017 by re-flying both a Falcon 9 rocket and Dragon spacecraft for the first time.Source:Tesla

Elon is also CEO of Neuralink, which is developing ultra-high bandwidth brain-machine interfaces to connect the human brain to computers. He also launched The Boring Company, which combines fast, affordable tunneling technology with an all-electric public transportation system in order to alleviate soul-crushing urban congestion and enable high-speed, long-distance travel. The Boring Company built a 1.15-mile R&D tunnel in Hawthorne, and is currently constructing Vegas Loop, a public transportation system at the Las Vegas Convention Center. Previously, Elon co-founded and sold PayPal, the world’s leading Internet payment system, and Zip2, one of the first internet maps and directions services.Source:Tesla

Institutional Ownership stands at 54.8%

Major Holders

20.51%   % of Shares Held by All Insider

57.93%   % of Shares Held by Institutions

72.87%   % of Float Held by Institutions

1,319         Number of Institutions Holding Share

Top Institutional Holders

Holder   Shares   Date Reported   % Out       Value

Baillie Gifford and Company               12,076,416                     Mar 30, 2020           6.51%       6,328,041,984

Capital World Investors 10,714,131                     Mar 30, 2020           5.78%       5,614,204,644

Vanguard Group, Inc. (The)                   8,662,781                         Mar 30, 2020          4.67%       4,539,297,244

Blackrock Inc.         7,213,587                         Mar 30, 2020           3.89%       3,779,919,588

FMR, LLC                           4,615,556                         Mar 30, 2020           2.49%       2,418,551,344

Jennison Associates LLC 4,320,630                         Mar 30, 2020           2.33%       2,264,010,120

State Street Corporation                             3,095,851                         Mar 30, 2020           1.67%       1,622,225,924

JP Morgan Chase & Company         2,816,285                         Mar 30, 2020           1.52%       1,475,733,340

Goldman Sachs Group, Inc.                  2,702,701                         Mar 30, 2020           1.46%       1,416,215,324

BAMCO Inc.               1,615,174                         Mar 30, 2020           0.87%       846,351,176

CWEB Analysts see     (TSLA) Nasdaq as a potential   for long term growth and a great addition to one’s portfolio and upward of $2000   by 20121.