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Tesla (NASDAQ:TSLA) has outperformed the market over the past 10 years by 48.79% on an annualized basis.
Buying $100 In TSLA: 10 years ago, an investor could have purchased 14.79 shares of Tesla at the time with $100. This investment in TSLA would have produced an average annual return of 60.57%. Currently, Tesla has a market capitalization of $787.54 billion.
Tesla's Share Price Over Last 10 Years
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If you had invested $100 in Tesla you would have approximately $11,260.72 today.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.