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Tesla (TSLA) stock has created immense wealth for investors and funds who believed in its story, and almost more importantly, in Elon Musk – the company’s mercurial CEO, who also owns several other companies like SpaceX, The Boring Company, X (formerly Twitter), and Neuralink.
Specifically, Tesla went public in 2010, pricing the IPO at $17. It has since undergone two stock splits - in relatively quick succession, between 2020 and 2022 - and its split-adjusted IPO price comes to around $1.13 per share. At its current levels of around $260, the stock has since delivered some of the most impressive post-IPO returns ever.