3 Stocks With Tesla-Like Return Potential
In recent years, Tesla has shaken up the auto industry, demonstrating the viability and commercial success of its luxury Model S sedan and Model X crossover SUV, and proving that an electric car can be fast, fun, sexy, and practical. While the company hasn't really taken a big bite out of global auto sales despite its success so far, it has certainly fired a shot across the bow of the industry, playing a role in the biggest automakers' accelerating development of their own electric vehicles.
Tesla's investors have certainly been rewarded, with shares in the company up a mind-boggling 1,070% in the past five years alone. And while those gains are due in part to investors counting on Tesla's future performance, it's an absolutely remarkable record.
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Source: Fool.com