Elon Musk is often called the Thomas Edison of his age — for good reason. His ambitions range from space travel and underground hyper-speed railways to brain-computer interfaces.
Mr Musk might be forgiven if his broad sweep of interests had distracted him from his day job. But they have not. Overnight on Wednesday, Tesla posted stronger than expected results for the second quarter. The electric carmaker produced a profit of £104 million between April and June, defying Wall Street’s consensus forecasts. It has now posted four consecutive profitable quarters for the first time in its history, making it eligible for inclusion in the S&P 500.
The elevation would befit its status as the hottest US stock of the moment; its shares have advanced more than
