$10,000 in Tesla When It Joined the S&P 500 Would Be About $15,700 Today. An Index Fund Would Have Done Better.

Key Points Tesla closed at a record $695 on Dec. 18, 2020, and joined the S&P 500 at its full weight before the market opened the next trading day. That closing price turned $10,000 into about $15,700 today, while an index fund would have grown the same money to about $20,500 before dividends. Tesla's trailing-12-month revenue has more than tripled since 2020, yet the stock sits at more than 330 times earnings. These 10 stocks could mint the next wave of millionaires › On Friday, Dec. 18, 2020, shares of electric-car maker Tesla (NASDAQ:TSLA) rose almost 6% to close at a record $695. More than 200 million shares changed hands that session (more than $131 billion of stock), making it one of the busiest trading days in the company's history.