Tesla Motors began delivering customers of its Model S in June 2012.
The car changed the look of electric vehicles and helped make Tesla one of the most well-known brands and stocks.
The stock or the car? In June 2012, the 300-mile version of the Tesla Model S sold for $ 77,400.
If a customer has chosen to invest in Tesla Ing (NASDAQ: TSLA) – the company rather than the physical car – at that time, they will probably be very happy with the result.
Related Link: 5 Things You May Not Know About Elon Musk
On June 22, 2012, Tesla’s stock opened at a split-adjusted $ 6,796. An investment of $ 77,400 would have been good for 11,389 shares in Tesla.
If you hold the shares more over the next eight years, it will give the customer the opportunity to buy many Tesla cars.
The value of the 11,389 Tesla shares is $ 9,409,136 as of January 9th.
Many Tesla car owners have also invested in the company. The investments in the company have turned Tesla car owners into millionaires over the years.
TSLA Price Action: Tesla shares rose 2.23% on Tuesday to $ 844.55.
Photo courtesy of Tesla.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.