Josh here - I asked my friend Larry McDonald to come on ahead of Tesla's Q2 earnings report because this could be the quarter that makes the stock's S&P 500 inclusion inevitable. Tesla's current market value is approaching $300 billion, which would make it one of the largest weightings in the index instantly should it be included. According to research from Larry's firm, The Bear Traps Report, at current valuations Tesla could become almost 1% of the index, with implied buying from index-tracking funds of as much as $30 billion.

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