Fact check: A $2,610 investment in Tesla's 2010 IPO would be worth over $1 million as of May 31, 2026.
Verdict: mostly true — Trust Score 78/100
The claims regarding Tesla's 2010 IPO price, subsequent stock splits, and total returns as of May 2026 are. While the post is factually accurate regarding market data and historical events, it uses highly sensationalized framing and lacks the standard risk disclosures required for financial content.

- Platform
- Source author
- trustmystocks — see all fact-checks of this account
- Original post
- https://www.instagram.com/p/DZA3kSQjlQ_/?igsh=NGExa3owcWhpZWlz
- Verified on
- June 10, 2026
- Verification ID
- rMIfjMFtcYibj28RmF341w
Original content reviewed
Platform: INSTAGRAM Author: @trustmystocks --- Caption/Description --- A modest $2,610 investment in Tesla’s 2010 IPO would be worth over $1 million today, delivering a remarkable 384x return. From a struggling electric car startup facing near-bankruptcy multiple times, Tesla revolutionized the auto industry with EVs, battery tech, and autonomous driving ambitions. Investors who endured brutal 50-70% drawdowns and relentless skepticism were rewarded with life-changing gains. This isn’t just a stock story, it’s proof of vision, innovation, and conviction. Elon Musk’s bold bet on sustainable energy turned doubters into millionaires. As the world shifts toward AI and energy independence, the next chapter could be even bigger. --- Carousel/Slides (2 items) --- Slide 1 (image): Slide 2 (image): Published: 2026-05-31T18:45:06.000Z ---VERIFICATION_SUMMARY--- Platform: INSTAGRAM Author: @trustmystocks --- Caption/Description --- A modest $2,610 investment in Tesla’s 2010 IPO would be worth over $1 million today, delivering a remarkable 384x return. From a struggling electric car startup facing near-bankruptcy multiple times, Tesla revolutionized the auto industry with EVs, battery tech, and autonomous driving ambitions. Investors who endured brutal 50-70% drawdowns and relentless skepticism were rewarded with life-changing gains. This isn’t just a stock story, it’s proof of vision, innovation, and conviction. Elon Musk’s bold bet on sustainable energy turned doubters into millionaires. As the world shifts toward AI and energy independence, the next chapter could be even bigger. --- Claims to Verify --- 1. A $2,610 investment in Tesla's 2010 IPO would be worth over $1 million as of the post date. 2. Tesla's stock has delivered a 384x return since its initial public offering in 2010. 3. Tesla faced near-bankruptcy multiple times during its early years as an electric car startup. 4. Tesla stock investors have experienced historical drawdowns of 50% to 70%. 5. Te
Claims analyzed (5)
- verified: A $2,610 investment in Tesla's 2010 IPO would be worth over $1 million as of May 31, 2026.
Tesla's IPO price was $17.00. A $2,610 investment bought 153.53 shares. After a 5-for-1 split in 2020 and a 3-for-1 split in 2022, this equals 2,302.94 shares. At the May 29, 2026 closing price of $435.79, the value is $1,003,598. - verified: Tesla's stock has delivered a 384x return since its initial public offering in 2010.
The split-adjusted IPO price is approximately $1.13 ($17 / 15). A price of $435.79 represents a 384.5x increase from the IPO price. - verified: Tesla faced near-bankruptcy multiple times during its early years.
Elon Musk has publicly confirmed that Tesla was 'about a month' from bankruptcy during the Model 3 ramp (2017-2019) and narrowly avoided bankruptcy on Christmas Eve 2008. - verified: Tesla stock investors have experienced historical drawdowns of 50% to 70%.
Tesla experienced a maximum drawdown of approximately 75% between November 2021 and January 2023, and has had multiple other drops exceeding 50%. - verified: Tesla's initial public offering (IPO) occurred in the year 2010.
Tesla went public on June 29, 2010, on the NASDAQ exchange.
Sources consulted (12)
- totalrealreturns.com — totalrealreturns.com
- fool.com — fool.com
- Tesla (TSLA) Stock Price History 2010-2026 — Stock Analysis
- Tesla - 16 Year Stock Price History | TSLA — Macrotrends
- Tesla Stock Price History - Investing.com — Investing.com
- Tesla (TSLA) Stock Splits History — FinanceCharts
- Tesla - 16 Year Stock Split History | TSLA — Macrotrends
- Elon Musk says Tesla was 'about a month' from bankruptcy during Model 3 ramp — CNBC
- The story of Elon Musk saving Tesla and SpaceX from bankruptcy in 2008 — Startup Archive
- TSLA Stock Chart (Dividends Reinvested, Inflation Adjusted) - Total Real Returns — Total Real Returns
- Tesla Max Drawdown (Since Inception) Analysis — YCharts
- Tesla, Inc. (TSLA) IPO — NASDAQ
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