If You Invested $1000 In This Stock 10 Years Ago, You Would Have This Much Today

Tesla TSLA has outperformed the market over the past 10 years by 22.62% on an annualized basis producing an average annual return of 32.4%. Currently, Tesla has a market capitalization of $817.96 billion.

Buying $1000 In TSLA: If an investor had bought $1000 of TSLA stock 10 years ago, it would be worth $16,475.06 today based on a price of $254.30 for TSLA at the time of writing.

Tesla's Performance Over Last 10 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.