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If you had invested $1,000 in TSLA 5 years ago, you would have $2,508 today.
TSLA Stock Performance Previous close348.68 Day range 340.44 - 356.26 Year range 182 - 488 Market cap 1,096,640,233,000 Primary exchange NASDAQ
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.
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.
Open an investment account. Stocks are usually purchased through a licensed broker or advisor that makes trades on your behalf. So, the next step is to choose an investment account with a broker or advisor that's best suited to your investing goals.
TSLA Stock Performance Previous close322.05 Day range 317.78 - 332.36 Year range 182 - 488 Market cap 1,037,310,099,000 Primary exchange NASDAQ
Bullish Case For Tesla Stock Even in a bear case, it looks like Tesla is more than a double from here. If you're not in Tesla at the moment, I think it's worth buying at least 1 share in a correction. Just in case Tesla does become even half of these projections.