If You Bought 1 Share of Tesla Stock at Its IPO, Here’s How Many Shares You Would Own Now
From Nasdaq: 2024-11-18 05:09:00
Tesla (NASDAQ: TSLA) has been a standout stock, consistently profitable and defying industry norms. Early investors saw a 283-fold return, with shares worth $321 each as of Nov. 15. Tesla dominates the U.S. electric vehicle market and is expanding into AI and autonomous vehicles.
Investors are bullish on Tesla’s future, with analysts projecting a $2,600 price target by 2029. The company plans to produce 2 million units annually by 2026, pushing the boundaries of EV and autonomous vehicle technology. Tesla’s success story may just be getting started, with IPO investors reaping significant gains.
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