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Jordan Kerridge: Tesla stock transforms $1,000 investment from 2011 into $380,000
Jordan Kerridge reports that a caller on The Dave Ramsey Show achieved significant gains by investing in Tesla. According to Kerridge, after buying $1,000 worth of Tesla stock in 2011 and holding it for 15 years, the caller's investment has grown to $380,000.
Kerridge highlights the long-term return of 380 times the initial investment as an example of patient investing.
Kerridge has previously highlighted other long-term investment returns. He noted that a $10.41 investment in IBM shares in 1932 would now exceed $1 million, according to historical calculations. He also reported last year that Goldman Sachs expects SpaceX AI revenue could rise 100-fold within four years.
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