Tesla’s 10th anniversary of its IPO was yesterday. Here’s how much money you would have today if you invested $1,000 then

Tesla IPO Elon Musk

Yesterday was the 10th anniversary of Tesla’s initial public offering (IPO), when on June 29, 2010, you could buy a piece of Tesla for $17 per share.

Save with big discounts at your favourite Tesla accessories stores, like 10% off at Tesmanian, TesBros and Nikola Pro, plus many more. Coupon codes at DriveTeslaCanada.ca/deals.

Today Tesla is one of the most valuable automakers in the world, employing over 48,000 people around the world, and has single handedly transformed the automotive industry after the release of the Model S in 2012.

That has resulted in the stock price skyrocketing to all-time highs of more than $1,000 per share in recent weeks.

TSLA all time

There were some ups and down over that time, but if you stuck it out over the 10 years, that’s a return of 5,677%, or an average of 45% per year.

Get 10% off at Tesloid.ca or Tesloid.com with coupon code DTC10 at checkout. Quality Tesla accessories with FREE shipping across Canada and the US.

That means if you had invested $1,000 on June 29, 2010, your portfolio would now be worth the tidy sum of about $58,000. Enough to buy a Standard Range Plus (SR+) Model 3 outright, and still have a little left over.

What do you think the price of TSLA will be in another 10 years?

About Darryn 1492 Articles
Founder and Editor-in-chief of Drive Tesla Canada | Darryn@DriveTeslaCanada.ca Have a Tesla tip? Email tips@driveteslacanada.ca, or DM us on Twitter @DriveTeslaca