Tesla stock (NASDAQ:TSLA) ended 2023 trading at $248.48 per share. While it may seem like the electric vehicle maker’s shares have been stuck between $200 and $250 per share for months, a closer look at TSLA stock’s performance over the year suggests that the electric vehicle maker actually saw some impressive growth in 2023.
As observed by avid Tesla watchers on social media, TSLA stock closed out 2023 with a total gain of 101.7%. This represented the stock’s third-best yearly gain to date. For context, Tesla grew an impressive 344% in 2013 and a whopping 743% in 2020. Tesla delivered a total of 499,550 vehicles in 2020, a number that the company achieved in but a few months this year.
The 102% gain experienced by Tesla stock is particularly impressive as it shows a strong rebound from 2022. Tesla had a brutal 2022, with the stock taking…
