Tesla's IPO was 8 years ago — here's how much you'd have made if you invested $1,000 back in the day

AP PhoAP Photo/Mark LennihanTesla CEO Elon Musk in front of Nasdaq after Tesla’s initial public offering on June 29, 2010.

Tesla’s initial public offering occurred eight years ago Friday, and an investor buying in then would have made a very impressive return.

After initially offering its stock at $US19 a share on June 29, 2010, Tesla closed its first day of trading at $US23.89, according to data from Yahoo Finance. As of the market’s close on Thursday, Tesla was trading at $US349.93 a share, down from its all-time-high closing price of $US385 a share on September 18.

The chart below shows the value over time of a $US1,000 investment in Tesla stock made at the first day’s closing price of $US23.89. As of Thursday, that investment would be worth about $US14,648, which is a pretty good return.

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