It has a 75% share of the EV market, and industry site Cox Automotive said Tesla sold more luxury vehicles in the U.S. in the fourth quarterthan Audi, BMW, Lexus, and Mercedes-Benz. A Division of NBC Universal, Here's what universal basic income could mean for Americans, Here's how much you would have if you invested $1,000 in Nike ten years ago, Taylor Swift avoided an FTX lawsuit by asking a simple question, This 33-year-old went from a $60,000 salary to $140,000 in just 5 yearsher best negotiation advice, 4 things to know before taking an employee buyout, How much you'd have if you invested $1,000 in the S&P 500 a decade ago, Why a Harvard expert 'takes issue' with Zuckerberg's 'horrific' Meta layoffs, past returns do not predict future results, Ron Baron predicted Tesla's value will exceed $1 trillion in the next 10 years, on retail trading platforms like Robinhood, an investing app that's often favored by millennials, letter on Tesla's website explaining his thinking. Sign up now: Get smarter about your money and career with our weekly newsletter, Don't miss: Jay Leno on why he still works at 71: I don't want to be 'a rich guy that sits in the pool', Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. If You Invested $10,000 in Tesla Stock at Its IPO, Here's How Much You That's enough to make the stock an excellent buy if you can look to the next decade and beyond. If you had invested in Tesla last November, when the stock was worth just over $400 a share, you would have nearly tripled your money. At the time of its IPO, Tesla was undergoing an ambitious experiment that CEO Elon Musk has since admitted was more likely to fail than succeed. This Is How Much You'd Have Made If You'd Invested $10,000 At Tesla's No, Tesla is not likely an overnight multibagger anymore, like it was in 2019. These mutual funds from Charles Schwab offer a combination of broad diversification and low fees. As for how shareholders would fare longer-term, if you had invested $1,000 in Tesla one year ago, on Aug. 11, 2021, your investment would be up by about 23%, according to CNBC calculations, for a . While there's no denying that Tesla's naysayers have been decisively wrong up to this point (myself included), there appear to be more lingering headwinds than catalysts for Tesla at its current market cap of $939 billion. The company has several irons in the fire, though investors must see how these opportunities develop over the coming years. TSLA stock, however, opened for trading at $19 per share, and finished the day at $23.89 a stellar one-day gain of 40.5%. Get market updates, educational videos, webinars, and stock analysis. For those of you keeping score at home, this equates to a 26,332% increase in value in just over 12 years. On the same day, Musk also published a letter on Tesla's website explaining his thinking. Get access to free IBD eventsonline & in-person! To make the world smarter, happier, and richer. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Had you invested $10,000 in Tesla stock back in 2019, your investment would be worth more than $90,000 today. Although hybrid vehicles like Toyota Motor Corp.'s (TM) Prius had been around for some time, they certainly weren't sports cars and were a far cry from what one might consider luxury vehicles. That strong performance comes even though the stock has fallen more than 50% from its high in November 2021. That works out to a more than 68% average annual return. Authors may own the stocks they discuss. Though the company is now profitable from the sale of its core product (EVs), nearly $2 billion of its close to $10.7 billion in aggregate GAAP income over the past 15 months has come from RECs. Not only is it seeing more competition from upstarts like Rivian and Lucid, which want to break into the market, but established automakers like Ford, GM, and Toyota are vying for a slice of the pie, too.

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