Tesla’s stock has gone up almost 700%. That’s huge considering the average stock market return is around 10% per year.
This week, Tesla started trading as part of the famous S&P 500, a basket of some of the biggest publicly traded companies in America. Think Apple, Walmart or Johnson & Johnson. And because many Americans invest in funds that track the S&P, a whole lot more people now own a piece of Tesla — for better or worse.
Plus, the post-pandemic job market.
And, how to have tough conversations this holiday.
The NBA tips off tomorrow night, making it the first major U.S. sports league to play a second season amidst the pandemic. No bubble this time, but also not many in-person fans.
Axios Re:Cap talks with Milwaukee Bucks co-owner Marc Lasry on the business of basketball, how much he expects to lose this season and that massive new deal for two-time MVP Giannis Antetokounmpo.
We've been talking about a second stimulus deal for months. Last night, Senate Majority Leader Mitch McConnell announced both sides have finally come to an agreement.
Plus, we could soon have self-driving taxis.
And, America’s somehow fitting, terrible end to 2020.
