Cryptocurrency Q&A What if I invested $1,000 in Tesla 10 years ago?

What if I invested $1,000 in Tesla 10 years ago?

Michele Michele Wed Nov 27 2024 | 5 answers 1163
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? What if I invested $1,000 in Tesla 10 years ago?

5 answers

Ilaria 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.

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BonsaiBeauty BonsaiBeauty Fri Nov 29 2024
By March 3, 2024, the value of those 60 shares had significantly increased.

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Elena Elena Fri Nov 29 2024
Specifically, the shares would be worth $12,158.40 at that time.

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Federico Federico Fri Nov 29 2024
This represents a substantial growth in the investment.

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Nicola Nicola Thu Nov 28 2024
The annual rate of return for this investment is an impressive 28.342%.

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