Tesla stocks have continued to fall, declining 13% on Tuesday, a day after the electric auto maker reported vehicle production and delivery numbers for the fourth-quarter of 2022.
The company sold just 405,000 cars during the final three months of 2022, falling short of Wall Street analysts’ estimate of 420,000.
Still, even with such significant losses, Tesla has seen tremendous growth since its inception.
The company first went public in 2010 at $17 per share and hit just over $400 per share at its all-time high in November, 2021. Worth well over $300 billion, Tesla is recognized as one of the most valuable car companies in the world.
How much you’d have if you’d invested $1,000 five years ago
For shareholders who got in on Tesla stock early, these short-term declines don’t erase their long-term gains.
On January 2, 2018, one share of Tesla was trading at $21.37. As of