If You Invested $ 1000 In Tesla 10 Years Ago...

Have you ever thought about what the payoff would be today if you invested in Tesla (NASDAQ: TSLA) 10 years ago? Tesla Motors is the American electric vehicle and clean energy manufacturer company founded on July 1, 2003 by Martin Eberhard and Marc Tarpenning. Elon Musk was an investor of Tesla's early days and has been serving as Tesla CEO and product architect since 2008. The company specializes in producing electric cars and homes, solar power for businesses, and integrated renewable energy solutions. Tesla is the world's best-selling plug-in and battery-electric passenger car manufacturer. Tesla Motors is headquartered in Palo Alto, California. It manufactures many of the vehicle components such as batteries, motors and software in-house. In 2010, Tesla Motors bought its factory in Fremont California for $ 42 million. In addition, the company launched its initial public offering (IPO) on the NASDAQ on June 29, 2010. They issued 13.3 million common shares to the public at a price of $ 17.00 per share. On March 8, 2011, Tesla shares were sold at an opening price of $ 4.92 per share. Ten years after that, Tesla share price had risen to $ 563 per share.

If you had invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, your investment would be worth $ 119,829.66 today.

Your total profit from this investment today will be $ 118,829.66 with an annual return of 61.26 percent.

In August, they announced a stock split, and share prices have risen nearly 200 percent in a split since then. The overall share price has been increasing steadily over the past few years. In 2020, Tesla's global sales reached an all-time high with 499,550 vehicles sold, up 35.8 percent from the previous year. Tesla broke the record of being the highest value of any American automaker with a market value of $ 86 billion on January 20, 2020. Tesla increased 743 percent in 2020 alone, and its share prices reached $ 900 earlier this year. Tesla's share prices, which peaked in January, dropped about 38 percent. Tesla's shares have dropped nearly 16 percent so far this year. Tesla certainly had difficulties, but the company aims to increase its productivity and volume by 50 percent each year in the near future. Every stock will have its ups and downs, but Tesla Motors is not just any company as one of the best electric car manufacturers in the world. If You Invested $ 1000 In Tesla 10 Years Ago... Source: https://finance.yahoo.com/ You may also be interested in:

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