Wall Street Journal front-pager, "Tesla Steps on the Gas, Overtakes Ford in Value," by Tim Higgins and Christina Rogers: "Tesla Inc., the upstart Silicon Valley electric-car maker run by [Elon] Musk, has overtaken Ford Motor Co., the automotive pioneer that is exactly 100 years older, as the second-largest U.S. auto maker by stock-market value."

Market caps: GM $51.2 billion ... Tesla: $48.7 billion ... Ford: $45.5 billion.

The Snap effect ... Also on the Journal front page, "Tech Founders Wants IPO Cash — and Control: 'Dual-class' shares, which give majority to a few, spread in Silicon Valley," by Maureen Farrell: "[C]ompanies are structuring their IPOs so that founders and executives wind up with far more votes than actual shares. The exaggerated voting power gives those few shareholders dominance over all corporate decisions, ranging from the election of directors to whether to sell the company someday."

Go deeper

19 mins ago - Health

Axios-Ipsos poll: Fear of voting

Data: Axios/Ipsos poll; Note: ±3.0% margin of error for the total sample; Chart: Andrew Witherspoon/Axios

Democrats are twice as likely as Republicans to worry about in-person voting — with nearly two in three seeing it as a large or moderate risk to their health — according to this week's installment of the Axios-Ipsos Coronavirus Index.

Why it matters: This could pose a significant disadvantage for Joe Biden and other Democratic candidates in November if the pattern holds — especially in states where high infection rates persist, or where there are significant hurdles to mail-in, absentee or early voting.

Trump: Coronavirus is "under control"

President Trump said in an interview with “Axios on HBO” that he thinks the coronavirus is as well-controlled in the U.S. as it can be, despite dramatic surges in new infections over the course of the summer and more than 150,000 American deaths.

  • “They are dying, that's true. And you have — it is what it is. But that doesn't mean we aren't doing everything we can. It's under control as much as you can control it. This is a horrible plague,” he told Axios' Jonathan Swan.
Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5 a.m. ET: 18,295,434 — Total deaths: 694,233 — Total recoveries — 10,926,704Map.
  2. U.S.: Total confirmed cases as of 5 a.m. ET: 4,717,716 — Total deaths: 155,471 — Total recoveries: 1,513,446 — Total tests: 57,543,852Map.
  3. Education — Fauci: Schools can reopen with safeguards, but those in virus hot spots should remain closed
  4. Politics: White House will require staff to undergo randomized testing — Pelosi says Birx "enabled" Trump on misinformation.
  5. Sports: 13 members of St. Louis Cardinals test positive, prompting MLB to cancel Tigers series — Former FDA chief says MLB outbreaks should be warning sign.
  6. 1 🎥 thing: "Tenet" may be the first major film to get a global pandemic release.