Skip to main content

Add new comment

John Goreham    April 9, 2018 - 9:37PM

Permalink

This is a cool story made possible by the multiple stock timing trades the new owner made. In March of 2016 Tesla stock was at $233 and today it closed at $289. So the gain on an investment in this stock over this period was 19.4%. Am I right? Or am I missing a stock split or some other factor? In March of 2016 the Dow Jones Ind Average closed at 17,716. Today it closed at 23,979. Thus, an investment over that period in a mutual fund that held the Dow Industrial 30 stocks would have gained 26.1%. The "stock market" has outperformed Tesla's individual stock gains over this same period. No?

The content of this field is kept private and will not be shown publicly.
About text formats
  • Allowed HTML tags: <em> <strong> <cite> <blockquote cite> <ul> <ol'> <code> <li> <i>
  • No HTML tags allowed.
  • Lines and paragraphs break automatically.
This question is for testing whether you are a human visitor and to prevent automated spam submissions.