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Ayanna Pressley, who is set to become first black, female member of Congress from Massachusetts, earned another win for the Alexandria Ocasio-Cortez wing of the Democratic Party. Photo: Scott Eisen/Getty Images

Alexandria Ocasio-Cortez congratulated her "sister in service" Ayanna Pressley, who is set to become the first black, female member of Congress from Massachusetts, after her victory over 10-term incumbent Rep. Michael Capuano on Tuesday.

Why it matters: Per Axios' Alexi McCammond, Pressley's victory is "further evidence of the power of insurgent, progressive campaigns led by women of color." Ocasio-Cortez tweeted on Tuesday a photo of her and Pressley, saying they "bonded over running while constantly told it's 'not our turn,' that we 'weren't ready,' 'good enough,' or 'experienced' enough. We kept going anyway."

Go deeper:

Go deeper

Ben Geman, author of Generate
10 mins ago - Economy & Business

Tesla's wild rise and European plan

Tesla's market capitalization blew past $500 billion for the first time Tuesday.

Why it matters: It's just a number, but kind of a wild one. Consider, via CNN: "Tesla is now worth more than the combined market value of most of the world's major automakers: Toyota, Volkswagen, GM, Ford, Fiat Chrysler and its merger partner PSA Group."

Dave Lawler, author of World
51 mins ago - World

China's Xi Jinping congratulates Biden on election win

Photo: Paul J. Richards/AFP via Getty Images

Chinese President Xi Jinping sent a message to President-elect Biden on Wednesday to congratulate him on his election victory, according to the Xinhua state news agency.

Why it matters: China's foreign ministry offered Biden a belated, and tentative, congratulations on Nov. 13, but Xi had not personally acknowledged Biden's win. The leaders of Brazil, Mexico and Russia are among the very few leaders still declining to congratulate Biden.

Kendall Baker, author of Sports
2 hours ago - Sports

College basketball is back

Illustration: Sarah Grillo/Axios

A new season of college basketball begins Wednesday, and the goal is clear: March Madness must be played.

Why it matters: On March 12, 2020, the lights went out on college basketball, depriving teams like Baylor (who won our tournament simulation), Dayton, San Diego State and Florida State of perhaps their best chance to win a national championship.