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Jumat, 29 Juni 2018

Tesla's IPO was 8 years ago Friday — here's how much you'd have made if you invested $1,000 back in the day

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Tesla's IPO was 8 years ago Friday — here's how much you'd have made if you invested $1,000 back in the day




Tesla's initial public offering occurred eight years ago Friday, and an investor buying in then would have made a very impressive return.

After initially offering its stock at $19 a share on June 29, 2010, Tesla closed its first day of trading at $23.89, according to data from Yahoo Finance. As of the market's close on Thursday, Tesla was trading at $349.93 a share, down from its all-time-high closing price of $385 a share on September 18.

The chart below shows the value over time of a $1,000 investment in Tesla stock made at the first day's closing price of $23.89. As of Thursday, that investment would be worth about $14,648, which is a pretty good return.

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