Tesla Stock Up 62.5% In 2024: A Look Back At Gains Since 2010 IPO
Friday, Jan 3, 2025 3:17 pm ET
3min read In 2024, Tesla (TSLA) stock surged by an impressive 62.5%, marking another remarkable year for the electric vehicle (EV) pioneer. This performance, while impressive, pales in comparison to some of the company's previous gains since its 2010 IPO. Let's take a look back at Tesla's stock performance over the past decade and a half.
Tesla's stock has been on a rollercoaster ride since its IPO in 2010. The company's shares have experienced significant ups and downs, with some years seeing triple-digit gains and others witnessing substantial losses. Here's a breakdown of Tesla's stock performance since its IPO:
* 2010: +7.3%
* 2011: +7.3%
* 2012: +18.6%
* 2013: +344.1%
* 2014: +47.8%
* 2015: +7.9%
* 2016: -11.0%
* 2017: +45.7%
* 2018: +6.9%
* 2019: +25.7%
* 2020: +743.4%
* 2021: +49.8%
* 2022: -65.0%
* 2023: +101.7%
* 2024: +62.5%
TSLA Interval Percentage Change
| Name |
|---|
| Index |
| Date |
| Interval Percentage Change% |
| TeslaTSLA |
| S&P 500, NASDAQ-100, Nasdaq |
| 20241203-20250102 |
| 6.21 |
As we can see, Tesla's stock performance has been anything but consistent. The company's shares have experienced significant volatility, with some years seeing gains of over 700% and others witnessing losses of over 60%. Despite this volatility, Tesla's stock has averaged a gain of 99.0% over the last 14 years, with large price gains in 2023, 2013, and 2020 boosting the average return higher than most years.
Tesla's 2024 performance, while impressive, was not the company's best year in terms of stock gains. The company's shares saw gains of over 100% in 2020, 2013, and 2023. However, it's important to note that Tesla's stock price has experienced several ups and downs throughout the year, with the majority of the gains coming after the 2024 presidential election.
Tesla's stock price has been on a wild ride since its IPO in 2010. The company's shares have experienced significant volatility, with the stock price fluctuating between highs and lows. Despite this volatility, Tesla's stock has consistently outperformed the broader market, with the company's shares trading at an all-time high of $488.54 on Dec. 18, 2024.
In conclusion, Tesla's 2024 stock performance was impressive, with the company's shares surging by 62.5%. However, this performance was not the company's best year in terms of stock gains. Tesla's stock has averaged a gain of 99.0% over the last 14 years, with large price gains in 2023, 2013, and 2020 boosting the average return higher than most years. Despite the volatility, Tesla's stock has consistently outperformed the broader market, with the company's shares trading at an all-time high of $488.54 on Dec. 18, 2024. As we look ahead to 2025, investors will be closely watching Tesla's earnings and revenue growth to see if the company can maintain its impressive stock performance.
