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And over the long haul, Tesla's stock has been massively profitable for early investors -- even if the company itself is currently unprofitable as it invests in disruptive growth. //currency
And the top EV maker is poised to beat that mark soon, having already cranked out more than 386,000 vehicles in just the first two quarters of 2021. The broad market indexes have enjoyed a tremendous bull run over that time period, too.
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TSLA currently makes up about 1.5% of the S&P 500, meaning 1.5% of each dollar you invest in an S&P 500 index fund goes to Tesla.
This compensation comes from two main sources. You may also turn to experts for their input. Although a new Fisker (FSR -15.37%) is back on the market (auto designer Henrik Fisker retained some rights to the brand after his original car company was sold to Wanxiang), Big Auto has jumped into EVs with both feet, and Chinese EV automakers are pushing sales, Tesla is expanding as well.
That Tesla store you see at your local mall is actually owned by the company, whereas most auto manufacturers sell their cares at wholesale prices to independent dealerships, who in turn sell the cars to retail customers at a profit.
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