--- title: "If You Bought $1,000 in Tesla Stock in January, This Is How Much You’d Have Now" description: "Bad news for Tesla investors — all that money you dumped into the company at the beginning of the year has been halved amid a major stock selloff." date: "2022-11-09" modified: "2022-11-09" authors: - name: "Noor Al-Sibai" job_title: "Senior Staff Writer" link: "https://futurism.com/authors/nooralsibai" url: "https://futurism.com/the-byte/tesla-stock-value-drop" categories: - "Advanced Transport" - "Tesla" tags: - "elon musk" - "Stocks" - "tesla" - "the digest" --- # If You Bought $1,000 in Tesla Stock in January, This Is How Much You’d Have Now ![Bad news for Tesla investors — all that money you dumped into the company at the beginning of the year has been halved amid a major stock selloff.]() *\Image: Futurism\* ## Short-Laugh Bad news for Tesla investors, and a cautionary tale for anyone thinking of becoming one — all that money you dumped into what probably seemed like a surefire bet at the beginning of the year has gotten a very significant haircut. On January 3, 2022, the day the stock market opened for the year, Tesla stock was trading for just under $400 per share. As the markets open today, it's valued at $191.30. That means that if you'd bought $1,000 of the red-hot stock then, it would now be worth just $478. While it's tempting to blame Tesla's historic decline on CEO [Elon Musk's disastrous purchase of Twitter](), there are many other issues at play — including, as [*The Motley Fool* notes](), COVID-19 issues at its Shanghai plant and news that the electric vehicle maker [had to recall 40,000 cars]() due to electric steering issues. And that's without getting into the broader economy, which has seen many other stocks tank this year. https://twitter.com/ClaraJeffery/status/1590066344481148928 ## Twitter Times That said, it's impossible not to take the Twitter of it all into account. Last week, [*CNBC* reported]() that Tesla stock had fallen a whopping 35 percent since Musk first said he was going to buy Twitter. And since the deal closed, it's fallen from about $225 to its current rut. And in an even broader sense, this is the lowest Tesla stock has been in 18 months — though of course it's still much more valuable than it was before it began actually manufacturing cars, and many early investors are still far ahead. Could it drop lower? Only time — and [Musk's Twitter antics]() — will tell. And in the long view, to be fair, we wouldn't be surprised if it eventually makes last year's highs look like amateur hour. **More Elon:** [*Friend of Elon Musk Says He's Surrounded by Sycophants and Yes Men*]() ## Author At Futurism, I've often been drawn to unpacking the narratives that underlie technological, scientific and medical progress, with a special interest in areas of conflict and ambiguity that end up setting agendas and steering the fates of both elites and the hoi polloi. I'm a committed generalist, but I often find myself returning to work involving NASA and the private space sector, the effects of AI on media and society, and the mechanics of the pharmaceutical industry, with a specific focus on the spread of GLP-1 drugs like Ozempic and Wegovy. Prior to Futurism, I worked for publications ranging from Media Matters and Truthdig to Raw Story and Bustle. I'm also the author of "Myspace Scene Queens," a 2024 title in Instar Books' acclaimed "Remember the Internet" series. My work at Futurism has been cited by outlets including the New Yorker, Slate, Nieman Lab, the Verge, the MIT Technology Review, the Sunday Times, and the Daily Beast. I grew up in North Carolina, attended the University of North Carolina at Asheville, and now live in Brooklyn, New York. In my free time, I'm an avid reader and music fan; you can probably find me at a local poetry reading, concert, underground rave, or DJ set. I'm the proud parent of an ineffable orange cat named Mee-Mow. ### Author social links [Bluesky]()