Where Will Tesla Stock Be in 5 Years?
Investors might be surprised to learn that this Magnificent Seven stock has underperformed the market in the past half-decade.
Overview
Tesla (NASDAQ: TSLA) shares have had a magnificent run since their initial public offering in 2010. But over the past half-decade, they have only risen by 69% (as of June 26).
The S&P 500 index, by comparison, has generated a total return of 85%. Investors might be thrown off by the electric vehicle company's underperformance.
Details
There is chatter about a merger between Tesla and Space Exploration Technologies. Assuming this potentially massive deal doesn't go through, where will Tesla's shares be in five years?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.