Tesla Motors has announced that it will be joining Nasdaq-100 and replacing Oracle, who is moving to the New York Stock Exchange.

The Nasdaq 100 is a stock index that tracks the 100 largest companies on NASDAQ.

Tesla made headlines in May when it reported its first quarterly profit of $15 million in its 10-year history. This profit pushed its $0.12 per share up to $70. Since May, the company’s stock has topped $100 per share.

When Tesla first came on the market, critics said it wouldn’t last long, especially due to its first model, the “Roadster,” being priced too high at $100,000. Still, with the addition of the “Model S,” a lower-cost model, Tesla’s first-quarter earnings were up 83 percent from the previous quarter, reaching $562 million.

According to Consumer Reports, the Model S was the best car it ever tested. Jake Fisher, head of auto testing for Consumer Reports, gave the car a 99 out of 100 possible points, noting that if the all-electric car could stop anywhere, it would be given a score that was “off the charts.”

If it could recharge in any gas station in three minutes, this car would score about 110,” he said.

And that’s not Tesla’s only accomplishment this year. After raising $1 billion in stock and debt offerings, it was able to fully repay its $465 loan to the US Department of Energy nearly nine years before it was due, becoming the first American car manufacturer to fully repay the government.

I would like to thank the Department of Energy and the members of Congress and their staffs that worked hard create the [loan] program, and particularly the American taxpayer from whom these funds originate,” said Elon Musk, Tesla co-founder and CEO. “I hope we did you proud.“