Investors who have invested their hard-earned money in the major US indices have been enjoying respectable returns since autumn 2018. The S&P 500, Nasdaq-100, and Dow Jones Industrial Average returned 40.82%, 72.74%, and 25.80%, respectively.

As well as investors in the major US indexes have fared since 2018, investors in the broader electric vehicle (EV) space have fared much better. Bulls who gave Tesla a shot after announcing the SEC’s lawsuit against the electric vehicle giant’s CEO in the fall of 2018 Elon Musk for securities fraud – and held up to the time of publication – made a lot of money.

For the uninitiated, Tesla Inc TSLA Investors were surprised in 2018 a very unorthodox announcement on August 7thwhen Musk tweeted that he was considering privatizing the company and suggested that funding was “secured.”

According to the SEC filing, the Tesla CEO’s misleading statements falsely suggested that he could take Tesla private at a certain purchase price. The purchase price reflected a premium over Tesla’s stock price at the time. Additionally, Musk had not discussed or confirmed any key terms of business with any funding source… Continue reading

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Returns on Tesla since 2018: This is how much $1,000 invested in Tesla shares on September 27, 2018 would be worth today: $11,754.10 for a 1,075.41% yield.

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