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Nvidia is actually one of those stocks that turned $10,000 into $1 million in a decade. Even with the stock well off its all-time highs, if you invested $10,000 in Nvidia a decade ago, it would be worth around $2 million today.
You might wonder, then, how you'd have done had you invested in Tesla way back -- such as in 2015. Image source: Getty Images. Here's your answer: If you'd invested $1,000 in shares of Tesla at the beginning of 2015, you'd have a stake worth $27,615 a decade later.
If you'd invested $10,000 in Tesla stock five years ago, you'd be sitting on nearly $138,600 now. That's a stunning multibagger stock.
You might wonder, then, how you'd have done had you invested in Tesla way back -- such as in 2015. Image source: Getty Images. Here's your answer: If you'd invested $1,000 in shares of Tesla at the beginning of 2015, you'd have a stake worth $27,615 a decade later.
If you had invested $1,000 in TSLA 5 years ago, you would have $2,508 today.
Tesla stock has added about $170 a share since the election, boosting Tesla's market value by more than $550 billion, even though the car business hasn't changed all that much. Investors, however, are thinking about earnings. They believe Tesla's self-driving robo-taxi business will drive significant value.