Tesla hits record high as shares surpass $1,000 for first time (2024)

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Tesla hits record high as shares surpass $1,000 for first time? ›

Tesla was a star on Wall Street, Wednesday, as investors threw their weight behind the electric carmarker and drove its share price to a record high, and close above $1,000 for the first time in the company's history. Tesla shares surged almost 9%, to an all-time high close of $1,025.05.

Historical daily share price chart and data for Tesla since 2010 adjusted for splits and dividends. The latest closing stock price for Tesla as of April 12, 2024 is 171.05. The all-time high Tesla stock closing price was 409.97 on November 04, 2021.

Tesla TSLA +5.6% stock surged to all-time highs today, breaking above $1,000 per share for the first time in the history of the company.

This means that your $1,000 10 years ago — technically, $1,002 — would have bought 60 shares of Tesla. As of Mar. 3, 2024, those 60 shares of Tesla would be worth $12,158.40. That marks a 28.342% annual rate of return.

A $10,000 investment in Tesla back in April of 2014 would now be worth roughly $121,460 right now -- and that's even factoring in the stock's pullback this year.

The most expensive stock listed on U.S. exchanges is Berkshire Hathaway. At the time of this writing, Berkshire Hathaway stock was trading at $623,000 a share. But that price point is for its Class A stock (BRK. A).

The next decade is going to be a tougher slog than the last 10 years. Tesla won't be a bust like Rivian and Lucid but I don't see it outperforming the market either. The share price will have to come down significantly from these levels to make TSLA stock a buy.

Then, in 2022, your share count would have grown to 6,912.3. With all of this in mind — considering a $251.34 share price at the time of publication — an initial $1,000 investment on June 22, 2012, would be worth more than $1.73 million today. Tesla has revolutionized the electric vehicle market in 20 years.

8. If you had invested $1 in TSLA 10 years ago, you would have $100.89 today. However, if you had waited to invest in Tesla within the past few years, your payoff would be a whole lot smaller. A $1 investment in the company five years ago would leave you with $10.98 today.

The key driver has been Tesla stock, which has tumbled from a split-adjusted peak of $415 in 2021 to $157 — a 62% decline. The share-price slump has slashed Tesla's market capitalization from north of $1.2 trillion to below $500 billion.

What if you invested $1,000 in Netflix 10 years ago? ›

If you had invested in Netflix ten years ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in February 2014 would be worth $9,138.15, or a gain of 813.81%, as of February 12, 2024, and this return excludes dividends but includes price increases.

He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg. Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023.

Factoring in the company's five stock splits, these 454 shares would have increased to 101,696 shares, as of today. With Apple closing last week at $140.09, it means an initial $10,000 investment nearly 42 years ago would now be worth $14,246,593. Keep in mind that this figure doesn't take into account dividends paid.

If you had invested $1,000 into Apple five years ago, your investment would be worth about $3,916 now — nearly tripling in value, according to CNBC's calculations.

Tesla Stock Forecast 2024 & 2025

“Our 12-month price target is now $190 (from $220 prior), and is based on 50X (unchanged) applied to our updated Q5-Q8 EPS estimate, including SBC,” explained the investment bank.

How Much Money Would You Have Made if You Invested in Tesla's IPO? Tesla went public on June 29, 2010 at $17 per share. TSLA stock, however, opened for trading at $19 per share, and finished the day at $23.89 – a stellar one-day gain of 40.5%.

Tesla (TSLA) stock is angling lower in 2024, falling around 30% as analysts project 2024 vehicle deliveries could undercut last year's total with profit forecasts continuing to fall ahead of first-quarter earnings.