Tesla's stock is a phenomenon. Here's why it's not in the S&P 500 - CNN

With the recent stock-price surge, Tesla has become one of the most valuable companies in the United States. But it's still missing from the S&P 500 index, the collection of large-cap stocks meant to give investors a chance to buy into the nation's blue-chip companies.

The reason is simple: It hasn't been profitable long enough.

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