What a $10K Investment in Tesla Could Look Like by 2030 [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
That's a solid profit, but it falls well short of the massive returns you'd have gotten with other high-profile stocks such as Nvidia (NVDA) or Alphabet (GOOG). The next four years could be a lot more lucrative for Tesla investors — or a lot worse. What could a $10,000 Tesla investment today look like by 2030? Here's what a couple of experts had to say. Also see the Tesla investing mistake that could cost you thousands A $10,000 investment in Tesla today could be worth twice that much by 2030 if the Elon Musk-led electric vehicle (EV) maker reaches certain benchmarks, according to Chad Cummings, an attorney and certified public accountant (CPA) at Cummings & Cummings Law who previously worked in finance and tax. But for that to happen, a lot of things would have to go the right way. “If Tesla scales its energy storage segment and increases paid software penetration above current rates, [its] position could exceed $20,000,” Cummings told GOBankingRates. “The S&P 500 at an 8%
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