For 3 months in 2015, Tesla did something we've almost never seen before
by Matthew Debord - Business Insider #teslamotors
Tesla's 2010 IPO price was $17. After a bit of a bump, for roughly the first two years of its life as a public company the stock traded flat.
Then the stock exploded. Eventually, it would surge to $291 in September 2014 and give Tesla a market cap in excess of $30 billion.
CEO Elon Musk was a multibillionaire. Anyone who had bought shares after the IPO saw a better than 1,000% return.
Of course, that return came with a very typical price: volatility. As you can see from the chart below, after a gradual increase in 2013 Tesla went on a wild, wild roller-coaster ride. Investing was not for the weak or timid.
It wasn't until three months in 2015 that Tesla stock stopped being volatile and starting climbing steadily — signaling that Tesla is becoming a different kind of company. http://goo.gl/CuCBzT