If you’re someone who has decided that active investing is the right course of action for you, then obviously, your goal is to find stocks that have the potential to beat the market over the long term. And perhaps no business has historically fit this description better than Tesla (TSLA -0.60%).
In the past decade, this electric vehicle (EV) stock has soared 2,360%, absolutely crushing the 272% gain of the Nasdaq Composite index over the same period. In other words, a $10,000 investment in Tesla made in September 2013 would be worth an impressive $247,250 today. Who wouldn’t have loved to have this type of incredible performer in their portfolio?
Let’s take a closer look at Tesla’s path to this point, as well as what investors need to know as we look ahead.
Creating the EV trend
Elon Musk, Tesla’s founder and CEO, is one of the greatest visionaries we’ve ever seen. He has…
