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Benzinga
Benzinga
Business
Bibhu Pattnaik

On This Day 15 Years Ago, Elon Musk's Tesla Took A Risk On The Public Markets — Now It's Paid Off Nearly 300 Times Over

Tesla Inc.

Tesla Inc. (NASDAQ:TSLA) marks its 15th anniversary of its initial public offering (IPO) with a staggering 300-fold surge in its stock value.

Tesla’s IPO occurred 15 years ago, on June 29 2010, with the company generating around $150 million in revenue, primarily from the Roadster, its two-seat electric sports car. The Model S sedan, targeting the premium vehicle market, was still two years away from launch.

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