Insane amount of money you'd have today if you invested $5000 in Tesla stocks just 5 years ago
It turns out that if you had invested $5,000 in Tesla stocks just five years ago then you’d have a generous amount of money today.
Back in 2020, the Tesla Model Y had just been rolled out, Cybertrucks and Cybercabs were yet to be released and Twitter was still, well, Twitter.
A lot has changed since then and, as Elon Musk takes on a new role as head of the Department of Government Efficiency for Trump’s administration, stock prices have seen a rise.
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So, how much could you have made if you had invested in the electric vehicle company five years ago?
It turns out, a hefty amount.
According to Finlo’s Tesla stock calculator, a five grand investment in Tesla five years ago would have seen a 437.13% return.
In real terms, that means the money would now be worth $26,857.
Since 2020, Tesla has released their range of semi trucks as well as the Cybertruck.
Musk’s ‘We, Robot’ event in 2024 sparked controversy after he unveiled the new Tesla robots along with the Cybercab.
The new car really ups the ante with Tesla’s autonomous drive as this is a completely driverless car that has no steering wheel or pedals.
But it was the Tesla Optimus Gen 2 robots, which are also known as the Tesla Bot, that really caused a stir.
The bot was first announced in 2021 and a prototype was displayed in 2022.
The tech mogul had taken to his own social media platform X, formerly Twitter, to reveal that he plans to have ‘genuinely useful humanoid robots in low production for Tesla internal use next year and, hopefully, high production for other companies in 2026’.
Low production would start at just over a thousand, with the potential of a few thousand to begin with but Musk predicts that there will soon be around 20 billion humanoid robots working in companies and homes.
However, just one year prior, Musk had warned about the dangers posed by AI, calling it a ‘risk’.
This was during a safety summit in the UK in 2023, where he told Sky News that AI was a ‘threat to humanity’.
Earlier in the year, he also warned that it could even lead to ‘civilization destruction’.
Still, if the Tesla bot does begin production in the next year, that could potentially mean even more lucrative gains in the stock market.
I guess time will tell!