It is more than just market cap that lets you into the S&P. There are also other rules. Tesla is projected to pass the GAAP positive earnings test soon. A comm

It is more than just market cap that lets you into the S&P. There are also other rules. Tesla is projected to pass the GAAP positive earnings test soon. A committee selects each of the index's 500 corporations based on their liquidity, size, and industry. It rebalances the index quarterly, in March, June, September, and December. To qualify for the index, a company must be in the United States, have an unadjusted market cap of at least $8.2 billion. At least 50% of the corporation's stock must be available to the public. Its stock price must be at least $1 per share. It must file a 10-K annual report. At least 50% of its fixed assets and revenues must be in the United States. Finally, it must have at least four consecutive quarters of positive earnings.