Tesla currently meets some of the S&P 500 listing requirements such as being based in the United States of America and Having a share price over $1. Tesla, however, lacks the profitability requirement as it has only recorded profitability for the past three quarters. Elon Musk must have known the company's figures for him to suggest that profitability would be announced, for this to materialize, Tesla must have vehicle sales that exceed the estimated projection of 80,000 to 84,000 vehicle units with hopes on sales from its Shanghai factory.