If You Invested $10,000 in Tesla in 2013, This Is How Much You Would Have Today
's (NASDAQ: TSLA) third-quarter results disappointed investors -- its revenue, earnings per share, and car deliveries came in well below Wall Street's expectations. So it's no wonder that as of Oct. 25, the stock had dipped by 13% for the month and 10% since the earnings announcement on Oct. 18.
While this top electric vehicle (EV) company might be hitting a rough patch, it's a more upbeat story for investors if we zoom out. In the past decade, shares of Tesla have skyrocketed by 1,790%, crushing the gain of the Nasdaq Composite. A $10,000 investment in the stock in October 2013 would be worth an impressive $189,000 today.
Let's take a closer look at Tesla's past, and consider whether or not its shares make for a smart buy right now.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 73 Buy predictions and 28 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
