On June 29, 2010, Tesla went public through an initial public offering (IPO) on NASDAQ, becoming the first American car company to do so since Ford in 1956. The IPO was priced at $17 per share, which is $1.13 split-adjusted, valuing the company at approximately $1.7 billion. Over the past 14 years, Tesla has delivered remarkable returns to its investors, with the stock price increasing by over 17,411.50%. An initial investment of $10,000 in Tesla’s IPO would be worth about $1.7 million today, while $6,000 invested would be worth more than $1 million. Elon Musk, the CEO of Tesla, highlighted that the smartest and most long-term thinking investors were betting on the company. Despite initial media skepticism, Tesla successfully raised $226 million during its IPO. The IPO was considered the most hyped in history, and Tesla's market value has since multiplied by approximately 170 times, returning more than 12,000% to investors.
On June 29, 2010, Tesla became a public company via an initial public offering (IPO) on NASDAQ, the first American car company to do so since the Ford Motor Company had its IPO in 1956 https://t.co/ljSXBXvpOA
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14 years ago from today, on June 29, 2010, Elon was determined on Tesla IPO day to make electric vehicles a reality that many thought would be impossible. Fast forward to today, if a company is not building a compelling electric vehicle, it will most likely go out of business. https://t.co/3gLFxZs7Tf
Happy $TSLA IPO day! https://t.co/1qnybUFoWp
$TSLA IPO'd 14 years ago today @ $17/share ($1.13 split-adjusted), valuing the company at about $1.7B. This marked the first instance in over 50 years where an automotive company had gone public. Ford was back in 1956.
🚨🇺🇸TESLA IPO ANNIVERSARY: 14 YEARS OF MASSIVE RETURNS TSLA went public 14 years ago today. If you had invested $10,000 at IPO and held it until today, you would have about $1.7 million. Source: The Elon Musk Show, BBC, 2022 https://t.co/yQltlnlaHn
14 years ago today: Tesla goes public and successfully raises $226 million despite media skepticism. Since then, the market value of the company has been multiplied by ~170X. https://t.co/3natHKVSRv
Elon Musk: “The smartest money in the world is betting on Tesla. They must have a reason for doing so.” On June 29, 2010, Tesla went public with an initial IPO on NASDAQ. This made it the first American car company to do so since Ford did in 1956. $TSLA 🚀 https://t.co/SbIshzh7Dp
BREAKING: $TSLA WENT PUBLIC EXACTLY 14 YEARS AGO TODAY 👀 It since returned more than 12,000% to investors! https://t.co/TSRNjjIlgD
Tesla IPO was 14 years ago today on June 28, 2010. Many said it was the most hyped ipo in history. The stock was priced at $1.13. The one’s that believed in Elon Musk & the company since that day would have returned a whopping return of +17,411.50%. https://t.co/JxaDIOYoj0
Tesla IPO'd 14 years ago today. @elonmusk: "When people see who's investing in the IPO, it's the smartest most long term thinking investors in the market; The smartest money in the world is betting on Tesla." https://t.co/1IhR79S5zx
Happy Birthday $TSLA https://t.co/dbf0lhi9CF
On this day in 2010 Elon Musk first took Tesla $TSLA public through an IPO If you had invested $10,000 in Tesla’s IPO and held to today you'd currently have ~$1.7 Million https://t.co/6HqSl4Ljhe
On this day in 2010: Tesla went public. $6,000 invested in the IPO would be worth more than $1 million today. https://t.co/IR762PDn58