If You Had Invested $1000 In Tesla When Elon Musk Unveiled First Factory In Fremont 13 Years Ago, Here's How Much You'd Have Now
Portfolio Pulse from Shanthi Rexaline
Tesla, Inc. (NASDAQ:TSLA) has generated significant returns over the years since its inception in 2003. The company's first factory was set up in Fremont, California in 2010, and since then, Tesla has expanded its manufacturing footprint globally. If an investor had invested $1,000 in Tesla stock ahead of the official unveiling of the Fremont factory, they would now have 704.2 shares worth $145,986, a return of roughly 1,450%. Tesla's stock ended Friday’s session up 0.75% at $207.30 and has added 68.3% for the year.
October 29, 2023 | 2:17 pm
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Tesla's stock has generated significant returns over the years. An investment of $1,000 in Tesla stock ahead of the official unveiling of the Fremont factory would now be worth $145,986. The stock ended Friday’s session up 0.75% at $207.30 and has added 68.3% for the year.
The news highlights the significant returns generated by Tesla's stock over the years. This positive performance is likely to attract more investors, potentially driving the stock price up in the short term.
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