Here's How Much Investing $100 In Tesla Stock Back In 2010 Would Be Worth Today

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 SPY total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way.

Tesla’s Big Decade

One market leader of the last decade was electric vehicle maker Tesla Inc TSLA.

Tesla held relatively under-the-radar IPO back in June of 2010, selling IPO shares for $17 and raising $226 million. Since that time, Tesla and its CEO Elon Musk have gained a cult following of investors and supporters, and the stock’s valuation has exploded to nearly $90 billion.

The past decade has been a bumpy ride for Tesla, including a number of missed deadlines and production targets, inconsistent profitability and even an SEC fraud settlement by Musk. But Tesla investors continue to believe in the company’s long-term disruptive potential, and the share price keeps rising.

Tesla hit its all-time low of $14.98 immediately following its IPO before bouncing to as high as $36.42 by the end of 2010. For more than two years, Tesla traded in a range between $21 and $36.

In 2013, Tesla shares skyrocketed after the company and its CEO began to receive mainstream media attention. By the end of 2013, Tesla shares hit $194.50. By late 2014, the stock made it to $291.42 before it once again stalled out. Tesla didn’t make new all-time highs again until 2017 when the share price climbed to $389.61.

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2020 And Beyond

Liquidity and growth concerns sent Tesla shares tumbling all the way back down to $176.99 in mid-2019 before the stock exploded higher in the second half of the year like a stick of dynamite. In the opening week of 2020, Tesla is knocking on the door of $500 per share.

Despite the controversy and struggles along the way, Tesla remains one of the top investments of the past decade. In fact, $100 in Tesla IPO shares would now be worth $2,927.

Looking ahead, analysts are expecting Tesla to hit another rough patch in 2020. The average price target among the 29 analysts covering the stock is $340, suggesting 31.4% downside from current levels.