Over the past decade, the stock market has undergone significant fluctuations, with various companies experiencing substantial growth. One such company is Tesla, which has outperformed the market by 22.62% on an annualized basis. This impressive performance has resulted in an average annual return of 32.4%. As of now, Tesla boasts a market capitalization of $817.96 billion.
Buying $1000 In TSLA: A 10-Year Retrospective
If an investor had purchased $1000 worth of TSLA stock 10 years ago, it would be valued at $16,475.06 today, based on the current price of $254.30. This significant increase in value highlights the potential benefits of long-term investments.
Tesla’s Performance Over the Last 10 Years
The company’s performance over the past decade is a testament to the power of compounded returns.
| Year | Performance |
|---|---|
| 2013 | |
| 2014 | |
| 2015 | |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 | |
| 2021 | |
| 2022 |
Key Takeaways
The primary insight to be gleaned from this analysis is the profound impact of compounded returns on cash growth over time. By understanding the potential of long-term investments, individuals can make informed decisions about their financial portfolios.
Conclusion
In conclusion, the $1000 investment in TSLA 10 years ago has yielded an impressive return, demonstrating the potential of long-term investments. As investors look to the future, it is essential to consider the power of compounded returns and their impact on portfolio growth.