S&P 500 Entry, Production Near-Miss, and Cash Surge

Tesla’s relentless journey reached a pinnacle on December 21st, 2020, as it joined the illustrious S&P 500 after years of growth and trials. With the year coming to a close on December 31st, the electric giant came close to its audacious goal, delivering a staggering 499,550 vehicles, a mere 450 shy of the coveted 500,000-unit production target.

The ambitious vision set by Elon in 2018 was on the verge of realization. But the triumph didn’t end there. Tesla’s financial prowess soared as well, ending the year with a cash reserve of over $19 billion, a testament to their remarkable transformation and determination.

Next: Taking calculated risks.