I'm wondering about the potential outcome if I had made a $1,000 investment in
Tesla a decade ago. Would it have been a wise decision considering the company's growth over the years?
5 answers
Ilaria
Fri Nov 29 2024
Ten years ago, an investment of $1,000, technically $1,002, would have allowed an individual to purchase 60 shares of Tesla.
BonsaiBeauty
Fri Nov 29 2024
By March 3, 2024, the value of those 60 shares had significantly increased.
Elena
Fri Nov 29 2024
Specifically, the shares would be worth $12,158.40 at that time.
Federico
Fri Nov 29 2024
This represents a substantial growth in the investment.
Nicola
Thu Nov 28 2024
The annual rate of return for this investment is an impressive 28.342%.