How Much $10,000 Invested In Tesla Stock 10 Years Ago Is Worth Now

[mahatmakanejeeves]

Full disclosure: I don't own any.

SECTORS

How Much $10,000 Invested In Tesla Stock 10 Years Ago Is Worth Now

MATT KRANTZ 04:44 PM ET 10/25/2021

It's been an amazing decade-long ride for Tesla (TSLA) investors — literally better than any other S&P 500 stock. It's a millionaire maker.

The consumer discretionary stock debuted on June 29, 2010, and it's up a stunning 21,323% since then to a new high Monday of 1,023.59. Tesla outperformed every single large stock currently in S&P 500 plus all those on the midsized S&P 400 and S&P 600 small caps on a percentage basis, shows an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.

If you invested $10,000 with founder Elon Musk 10 years ago, your stake would be worth $1.8 million now. That works out to a more than 68% average annual return. The same $10,000 put into the S&P 500 during that time grew just 272% to $37,115. That's just 14% compounded annually.

Who's better to bet on than Musk? Not many people. None rival Tesla's sheer wealth creation power.

The magnitude of Tesla's boom is almost difficult to fathom.

{snip}

Analysts think this is the year Tesla drives into the black and then some. The company is expected in 2021 to make $6.12 a share on an adjusted basis, up more than 170% from 2020. And even including all charges, analysts think Tesla will make $4.32 a share or $4.9 billion.

And investors had better hope Tesla hits these targets. Shares of Tesla are up more than 140% just this past 12 months to 1,023.59 apiece. That's already higher than what analysts think the stock should be worth in 12 months.

With hopes this high, there's little room for error.

Top Stocks Since Tesla's IPO*
Company Ticker Index Stock % ch. Since Tesla IPO Sector $10,000 investment 10-years ago now worth**
Tesla (TSLA) S&P 500 21,323.0% Consumer Discretionary $1,811,664
Patrick Industries (PATK) S&P 600 8,848.1% Consumer Discretionary $994,239
Nvidia (NVDA) S&P 500 8,788.5% Information Technology $644,651
Repligen (RGEN) S&P 400 8,651.0% Health Care $856,012
Celsius Holdings (CELH) S&P 600 5,435.8% Consumer Staples $3,690,556
Lithia Motors (LAD) S&P 400 5,361.8% Consumer Discretionary $165,061
DexCom (DXCM) S&P 500 5,032.7% Health Care $543,635
Digital Turbine (APPS) S&P 400 4,834.3% Information Technology $297,759
Axon Enterprise (AXON) S&P 400 4,633.2% Industrials $371,612
Domino's Pizza (DPZ) S&P 500 4,144.1% Consumer Discretionary $146,216

Source: IBD, S&P Global Market Intelligence since June 29, 2010 (*), ** - from Oct. 25, 2011
Follow Matt Krantz on Twitter @mattkrantz

[walkingman]

1. Just another wealthy billionaire....not impressed.

[Deep State Witch]

2. I Sold My Tesla Stock

While I didn't have that much to invest, I sold my Tesla stock when Musk kept his plants open during the lockdown, and moved to Texas to avoid more stringent COVID protocols. I don't want to support assholes like him with my money.

[Martin68]

3. I'm not impressed by Musk a person, but the car he made is awesome. And he built it from scratch,

which automobile companies said was impossible. A friend drives meet our hiking trail heads, and I have been very impressed. One of the best thing about the cars is that they have very few moving parts to wear out. They are so airtight they automatically lower windows a bit whenever the doors are opened. If I can afford one, my last car will be a Tesla.