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<blockquote data-quote="greybeard" data-source="post: 1686161" data-attributes="member: 18945"><p>$10,000 with Tesla in 2010, your stake would be worth $1.8 million now. Their IPO was around $15/share if I remember correctly.</p><p></p><p></p><p>"<em>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</em></p><p><em></em></p><p><em>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</em>"</p></blockquote><p></p>
[QUOTE="greybeard, post: 1686161, member: 18945"] $10,000 with Tesla in 2010, your stake would be worth $1.8 million now. Their IPO was around $15/share if I remember correctly. "[I]In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share. On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.[/I]" [/QUOTE]
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