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Tesla TSLA has outperformed the market over the past 10 years by 54.24% on an annualized basis producing an average annual return of 63.77%. Currently, Tesla has a market capitalization of $852.30 billion.
Buying $1000 In TSLA: If an investor had bought $1000 of TSLA stock 10 years ago, it would be worth $139,252.34 today based on a price of $272.00 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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Image and article originally from www.benzinga.com. Read the original article here.