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Benzinga
Benzinga
Business
Henry Khederian

If You Invested $1,000 In Tesla Stock When Elon Musk Was Sued By The SEC In 2018, Here's How Much You'd Have Right Now

Investors who placed their hard-earned cash into major U.S. indices have enjoyed respectable returns since fall 2018. The S&P 500, Nasdaq-100 and Dow Jones Industrial Average have returned 46.09%, 74.50% and 30.23% respectively.

As good as investors in the major U.S. indices have had it since 2018, investors in the broader electric vehicle (EV) space have had it that much better. Bulls that took a chance on Tesla following the fall 2018 announcement of the SEC suing the EV-giant’s CEO Elon Musk for securities fraud, and held through the time of publication, have cashed in big time.

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