![]() ![]() The chart above shows that in six months within the past 10 years, TSLA has experienced monthly drawdowns of more than 20%. This means that the company’s share value has grown at a compounded annual growth rate of 56.8% – an impressive return that hasn’t necessarily come without hiccups along the way. ![]() Tesla stock has accumulated gains of 8,535% in the past 10 years compared to 348.9% and 187.6% returns produced by the Nasdaq 100 and the S&P 500 index, respectively, during that same period. Try demo A closer look at Tesla’s share price history Understanding the company’s history and current situation is a good first step in the process of drafting a plausible Tesla long-term forecast. During this same period, Tesla produced a total of 929,910 vehicles and delivered 908,573 units. The company has manufacturing facilities in the US (Texas, Nevada, California, and Buffalo), China and Germany.ĭuring the first nine months of 2022, Tesla produced total revenues of $57.1bn, $50.2bn of which came from the sale of its vehicles. ![]() The Tesla Semi followed, together with a pick-up truck called the Cybertruck and a new Roadster model. It then introduced new models, including the Model S, Model X, Model Y and Model 3. The first vehicle launched by Tesla was the Roadster, in 2008. However, Musk was instrumental in Tesla’s success as he invested a sizeable amount of money in the company and helped to raise funds from venture capitalists and angel investors. The company was not, contrary to popular belief, founded by Elon Musk. Tesla was founded in 2003 by Martin Eberhard and Marc Tarpenning, two engineers with a vision of revolutionising the auto industry by creating fully-functional, electric-powered vehicles. In this article, we explore further details about the electric vehicle (EV) manufacturer, along with predictions from analysts about the stock’s future. “As we exit what has been a turbulent year of supply chain disruptions, we have observed a normalisation of some of the cost inflation, giving us the confidence to pass these through to our customers.” All rights reserved.“Our focus on continuous product improvement through original engineering and manufacturing processes have further optimised our ability to make the best product for an industry-leading cost. © currentYear E*TRADE from Morgan Stanley. Statement of Financial Condition | About Asset Protection | Account Agreements and Disclosures | Quarterly 606 Report | Business Resiliency Plan System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Throughout 2023, ETS and ETCM will be transitioning existing clients to MSSB. All entities are separate but affiliated subsidiaries of Morgan Stanley. Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC. Stock plan administration solutions and services offered by E*TRADE Financial Corporate Services, Inc. Commodity futures and options on futures products and services offered by E*TRADE Futures LLC, Member NFA. Investment advisory services offered by E*TRADE Capital Management, LLC (ETCM) or MSSB. Securities products offered by E*TRADE Securities LLC (ETS), Member SIPCor Morgan Stanley Smith Barney LLC (MSSB), Member SIPC. ![]()
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