Billionaire Elon Musk made a fifth appearance on "The Joe Rogan Experience" podcast Monday, one day ahead of the 2024 election.
The Tesla Inc. TSLA CEO and podcast host Joe Rogan covered many topics during the multiple-hour episode.
Here's a look back at Musk’s past appearances on the podcast and how much investors could have made buying Tesla stock along the way.
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What Happened: Since 2018, Musk has appeared on Rogan's podcast five times. Nearly a year to the day since his last appearance, a surprise episode with Musk was released by Rogan on Nov. 4, 2024.
Musk and Rogan covered video games, diet, free speech, social media, government control, and the billionaire buying Twitter in podcast episode #2223.
Rogan also publicly endorsed Donald Trump for president in the 2024 election while promoting the episode with Musk.
Musk first appeared on Rogan's podcast on Sept. 7, 2018 for episode #1169. During the podcast, Musk famously took a puff of a joint while the duo discussed Tesla. The moment became a meme and also led to drug tests for Musk by his company. The video hit over 68 million views on YouTube and became the most-viewed Rogan podcast video.
Musk returned to the show for a second interview on May 7, 2020 for episode #1470. During this interview, Musk shared thoughts on Neuralink, artificial intelligence and discussed the unique names for his children.
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On Feb. 11, 2021, Musk appeared with Rogan for a third time in episode #1609. During this interview, the two discussed topics like SpaceX and the highly anticipated Cybertruck electric pickup truck.
Musk returned to the podcast on Oct. 31, 2023 for episode #2054. The episode included discussions on buying Twitter and renaming the social media company X and the Cybertruck pickup truck.
The two-year gap between Musk’s 2021 and 2023 appearances led to public demand for the billionaire to appear on the podcast, given the huge number of events that had happened since their last meeting.
In the two-plus years since Musk's 2021 appearance, Tesla has become the maker of one of the top-selling vehicles worldwide, Musk acquired social media platform X, a biography was released about him, and he had more children. A cage fight was proposed between Musk and Mark Zuckerberg, and Rogan would likely relish the opportunity to discuss it, considering his connections to the UFC and mixed martial arts.
Even without appearing on the podcast for two years, Rogan has talked about Musk on several occasions. In an April interview with comedian Jim Breuer, Rogan praised the Cybertruck.
"Let me tell you something, that is the coolest vehicle I've ever seen in person in my life," Rogan said. "It looks like it's 100 years in the future, it's the coolest car I've ever seen."
Rogan also criticized billionaire Bill Gates, who has a short bet against Tesla stock.
"I think it's disrespectful for Bill Gates to short Tesla's position. It's not a wise move because that company is going to kill it. Bill Gates is making a terrible choice."
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Investing $1,000 in Tesla Stock: Investors who took a position in Tesla when Musk first appeared on The Joe Rogan Experience made a good choice.
A $1,000 investment in Tesla shares at their intraday high on Sept. 7, 2018 could have bought 55.90 shares based on a split adjusted price of $17.89. The $1,000 investment would be worth $14,092.39 today, based on a price of $252.10 for Tesla at the time of writing.
This represents a hypothetical return of 1,309.2% over the last six years.
For comparison the same $1,000 invested in the SPDR S&P 500 ETF Trust SPY would be worth $1,986.77 today, representing a return of 98.7%.
Taking it a bit further, an investor would have generated a return of 424.9% if they invested $1,000 in Tesla stock each time Musk appeared on the Joe Rogan podcast, represented below.
- 2018: 55.90 shares, $14,092.39 today, +1,309.2%
- 2020: 18.84 shares, $4,749.56 today, +375.0%
- 2021: 3.61 shares, $910.08 today, -9.0%
- 2023: 4.93 shares, $1,242.85 today, +24.3%
- Total: $4,000 invested, worth $20,994.88 today, +424.9%
For comparison, the same $1,000 invested in the SPDR S&P 500 ETF Trust for each appearance below.
- 2018: 3.46 shares, $1,986.77 today, +98.7%
- 2020: 3.45 shares, $1,981.02 today, +98.1%
- 2021: 2.55 shares, $1,464.24 today, +46.4%
- 2023: 2.39 shares, $1,372.36 today, +37.2%
- Total: $4,000 invested, worth $6,804.39 today, +70.1%
As you can see above, buying Tesla shares when Musk appeared on the Joe Rogan podcast turned out to be a good investment.
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This article was previously published by Benzinga and has been updated.
Image created using artificial intelligence via Midjourney.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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