The Independent Thinking

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Tesla from bad to...
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Tesla from bad to...

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Marcelo Marini
Aug 23, 2023
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Tesla from bad to...
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Back in 2019, we thought that would be a good time to buy TSLA stocks… it ended up a phenomenal pick.

Tesla wasn’t the type of company we could invest solely. Business metrics weren’t good at that time. No operational margin, net margin negative, lots of doubts.

We bought TESLA at around $13 dollars a share sold less than a year later at around $100 and later on $143, $264, and $225.

Tesla, Inc. (TSLA) 1.030,3% price return over 5 years - 62,7%

Price return over 5 years equals 62,7% year. 1,030.3% Total return.

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A guest post by
Marcelo Marini
Marcelo Marini is a businessman, financier, and author. He also writes about independent thinking, business and financial subjects to readers in over 15 countries.
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