If You'd Invested $1,000 in Tesla Stock 1 Year Ago, Here's How Much You'd Have Today
Tesla hasn't been its usual market-beating self.
If you had invested $1,000 in Tesla stock one year ago, you would have around $1,045 today. Tesla has been a trailblazer in the electric vehicle (EV) market, contributing to its widespread adoption. Since going public in 2010, the company's shares have significantly outperformed the broader market. However, recent years have presented challenges for Tesla within its core EV sector.
Despite these headwinds, Tesla's shares have still gained approximately 4.53% over the past 12 months. This gain translates to an initial $1,000 investment turning into $1,045. While not a loss, this return is considerably lower than that of major U.S. market indexes. For example, the S&P 500 has risen by a more substantial 17.59% over the same period, growing $1,000 into nearly $1,176.
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