Tesla has no shortage of doubters. But on Monday, the company got a stamp of approval from Wall Street that sends a clear message: It's time for the fast-growing electric carmaker to go mainstream.
What's happening: After months of speculation, Tesla will join the S&P 500 index on Dec. 21, S&P Dow Jones Indices announced Monday. The company became eligible earlier this year after booking four consecutive profitable quarters. It's now been in the black for five consecutive quarters, a first in its 17-year history.
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