The automaker and the cryptocurrency have a lot in common: Soaring values, idealistic fans and plenty of skeptics. Now Tesla is investing in Bitcoin and plans to accept it for car purchases, too.
Automakers hope Americans will be willing to switch to battery-powered vehicles, for their trucks' sakes, as they race to bring the first electric pickup to market.
The Amazon CEO and four other billionaires are part of the world's most exclusive club in the midst of the pandemic: those whose fortunes exceed $100 billion.
The soaring value of Tesla stock has sent Musk's net worth skyrocketing, according to the Bloomberg Billionaires Index. The automaker's CEO has added more than $100 billion to his net worth in 2020.
Musk was using the less-accurate rapid antigen tests. He said something "bogus" was happening and is waiting results from a test that is considered more reliable but takes longer to process.
The electric car maker is now eligible to join the S&P 500 index, which means it would become part of the retirement accounts of millions of ordinary Americans.
If the electric carmaker enters the S&P 500 index, as is widely expected, Wall Street's most controversial stock would start appearing in even the most mainstream investment accounts.