Tesla TSLA has outperformed the market over the past 10 years by 48.14% on an annualized basis producing an average annual return of 58.9%. Currently, Tesla has a market capitalization of $683.52 billion.
Buying $1000 In TSLA: If an investor had bought $1000 of TSLA stock 10 years ago, it would be worth $97,769.39 today based on a price of $659.76 for TSLA at the time of writing.
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.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.