Here's How Much You Would Have Made Owning Tesla Stock In The Last 15 Years
Tesla (NASDAQ: TSLA) has significantly outperformed the market over the past 15 years, achieving an average annual return of 46.35%, which is 33.92% higher than the market. With a current market capitalization of $1.41 trillion, a $1000 investment in TSLA 15 years ago would now be worth $308,344.66. This highlights the impact of compounded returns on investment growth over time.
Tesla (NASDAQ: TSLA) has outperformed the market over the past 15 years by 33.92% on an annualized basis producing an average annual return of 46.35%. Currently, Tesla has a market capitalization of $1.41 trillion.
Buying $1000 In TSLA: If an investor had bought $1000 of TSLA stock 15 years ago, it would be worth $308,344.66 today based on a price of $423.46 for TSLA at the time of writing.
Tesla's Performance Over Last 15 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.
