Where Will Tesla Be in 10 Years?
Despite periods of extreme volatility that would test the conviction of even the most mentally tough investors out there, Tesla (NASDAQ: TSLA) shares have been a monster winner. In the past decade, they have produced a phenomenal return of 1,800% (as of April 29). This would've turned a $1,000 initial investment into $19,000 today.By disrupting the automotive industry with its sleek and tech-advanced electric vehicles (EVs), Tesla experienced rapid growth over the years. But as of this writing, this leading EV stock is trading 39% below its peak from December 2024. Investors continue to digest the company's notable slowdown in recent quarters.Now that shares are well off their record, maybe it's time to take a fresh look at Tesla. Where will the stock be in 10 years? Continue reading
Despite periods of extreme volatility that would test the conviction of even the most mentally tough investors out there, Tesla (NASDAQ: TSLA) shares have been a monster winner. In the past decade, they have produced a phenomenal return of 1,800% (as of April 29). This would've turned a $1,000 initial investment into $19,000 today.
By disrupting the automotive industry with its sleek and tech-advanced electric vehicles (EVs), Tesla experienced rapid growth over the years. But as of this writing, this leading EV stock is trading 39% below its peak from December 2024. Investors continue to digest the company's notable slowdown in recent quarters.
Now that shares are well off their record, maybe it's time to take a fresh look at Tesla. Where will the stock be in 10 years?
