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Tesla's IPO was 8 years ago today - here's how much you'd have made if you invested $1,000 back in the day

Andy Kiersz   

Tesla's IPO was 8 years ago today - here's how much you'd have made if you invested $1,000 back in the day
Tech1 min read

Elon Musk, CEO of Tesla Motors, poses with a Tesla car in front of Nasdaq after its IPO

AP PhoAP Photo/Mark Lennihan

Elon Musk in front of Nasdaq after Tesla's IPO on June 29, 2010.


Tesla's initial public offering occurred eight years ago Friday, and an investor buying in then would have made a very impressive return.

After initially offering its stock at $19 per share on June 29, 2010, Tesla closed its first day of trading at $23.89 according to data from Yahoo Finance. As of the market's close on Thursday, Tesla was trading at $349.93 per share, down from its all-time-high closing price of $385 per share on September 18, 2017.

The chart below shows the value of a $1,000 investment in Tesla stock made at the first day's closing price of $23.89 over the following eight years. As of Thursday, that investment would be worth about $14,648, which is a pretty good return.

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