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This is the 10th anniversary of Tesla’s initial public offering—June 29, 2010. What a decade it has been for investors. The coming decade should be just as interesting.
The IPO was priced at $17, valuing the company at about $1.7 billion. Today, Tesla (ticker: TSLA) is the second-most valuable car company in the world, behind only Toyota Motor (TM). Tesla stock recently surpassed $1,000 a share and the company’s current market capitalization is roughly $180 billion.