Tesla (NASDAQ:TSLA) has outperformed the market over the past 10 years by 26.03% on an annualized basis producing an average annual return of 39.73%. Currently, Tesla has a market capitalization of $1.44 trillion.
Buying $1000 In TSLA: If an investor had bought $1000 of TSLA stock 10 years ago, it would be worth $28,829.77 today based on a price of $382.15 for TSLA at the time of writing.
Tesla’s Performance Over Last 10 Years
Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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