Happy Birthday, Elon Musk! If You Invested $1,000 In Tesla IPO 13 Years Ago, Here's How Much It Would Be Worth Now

Tesla Inc TSLA CEO Elon Musk turns 52 on Wednesday, and oddly enough, the EV giant marks its 13th anniversary as a publicly traded stock on Thursday.

Musk’s Legacy: Born on June 28, 1971, in Pretoria, South Africa, Musk’s journey from a young programming enthusiast to the head of multiple groundbreaking ventures has been remarkable. 

With Tesla as his flagship venture, Musk’s visionary mindset extends beyond electric vehicles, as evidenced by his involvement in ventures like SpaceX, Neuralink, the Boring Company, and his acquisition of Twitter.

Despite criticism and controversy, Musk’s legacy as an industry disruptor and trailblazer is undeniable, leaving a lasting impact on the world.

See Also: How Did Elon Musk Make His Money

Returns From Tesla Stock: Tesla’s public debut on June 29, 2010, marked a turning point for the company. It sold 13.3 million shares at a price of $17 apiece.

Given the stock underwent a 3-for-1 stock split in August 2022 and a 5-for-1 split in August 2020, the debut session's closing price is $1.59 on a split-adjusted basis.

A $1,000 investment in Tesla during its IPO would have transformed into approximately $157,365 today, representing an extraordinary return of 15,637% over a 13-year investment period. 

In comparison, the S&P 500 and Nasdaq 100 generated returns of 321% and 54% during the same timeframe, respectively. 

Charged Up Future: As Tesla continues to capture the imagination of investors, bullish predictions abound. Cathie Wood‘s Ark Investment Management foresees the stock reaching $2,000 by 2027, while Baron Capital’s Ron Baron projects a price of $500 by 2025. 

Price Action: In premarket trading, Tesla stock showed a modest rise of 0.49%, reaching $251.44, according to data from Benzinga Pro.

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