Tesla (NASDAQ:TSLA) has outperformed the market over the past 10 years by 51.68% on an annualized basis producing an average annual return of 64.03%. Currently, Tesla has a market capitalization of $1.11 trillion.
Buying $100 In TSLA: If an investor had bought $100 of TSLA stock 10 years ago, it would be worth $14,677.35 today based on a price of $1072.56 for TSLA at the time of writing.
Tesla's Performance Over Last 10 Years
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.
