$10000 On Tesla Would Have Fetched $2,643,178
On june 29, 2010, tesla held its first public offering (IPO). The business priced the 13.3 million shares it was offering at $17, exceeding the anticipated IPO price range of $14 to $16. tesla, meanwhile, has seen two forward stock splits since its IPO. On august 31, 2020, a 5-for-1 split was implemented, and most recently, on august 25, 2022, a 3-for-1 split was finished. Its split-adjusted IPO price is therefore around $1.13 per share. Last weekend, the closing price of Tesla's stock was slightly below $300.
If an investor had invested $10,000 at the IPO price for tesla, they would have been able to buy 588 shares (not including fractional shares or any commission-related expenses). With the tesla stock splits taken into account, the original investor would currently own 8,820 shares. In other words, an investment of $10,000 made in Tesla's IPO in 2010 would today be worth an astounding $2,643,178. This translates to a 26,332% growth in value in just over 12 years, for those of you following track at home.
Elon Musk has "unrestricted" access to his email accounts at tesla and SpaceX for personal business, and "no one" at tesla can access his emails without his express permission unless it's "to the degree legally necessary." Nobody at SpaceX has access to Musk's emails without his consent.
If an investor had invested $10,000 at the IPO price for tesla, they would have been able to buy 588 shares (not including fractional shares or any commission-related expenses). With the tesla stock splits taken into account, the original investor would currently own 8,820 shares. In other words, an investment of $10,000 made in Tesla's IPO in 2010 would today be worth an astounding $2,643,178. This translates to a 26,332% growth in value in just over 12 years, for those of you following track at home.
Elon Musk has "unrestricted" access to his email accounts at tesla and SpaceX for personal business, and "no one" at tesla can access his emails without his express permission unless it's "to the degree legally necessary." Nobody at SpaceX has access to Musk's emails without his consent.