If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now

·2 min read

Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.

This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.

In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.

On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.

Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.

In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.

Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become one of the top electric car manufacturers in the world.

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