This Is How Much You'd Have Made If You'd Invested $10,000 At Tesla's IPO | Carscoops carscoops
IPO price was roughly $1.13 per share. So, if you had invested $10,000 at this price, you would have acquired 588 shares. This would now be 8,820 shares after the split had you not sold a single one and the investment would have skyrocketed from $10,000 all the way to $2,643,178. That is a 26,332 per cent increase in value in just over 12 years.
While many still expect legacy automakers to eventually catch up with Tesla, many Wall Street analysts state that the car manufacturer will not concede its first-mover advantages.and its $939 billion market valuation. For starters, it shares are trading at 56 times its forecasted earnings per share whereas most automaker trade in single-digit forward price-to-earnings ratios. Like some companies, most of Tesla’s revenue comes from its car business.
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