If you had invested $1,000 in Tesla stock when Elon Musk first appeared on the Joe Rogan podcast, you would have this much now

The two-year gap between Musk's appearances in 2021 and 2023 led to public demand for the billionaire to appear on the podcast, given the large number of events since their last meeting.

In the more than two years since Musk's 2021 appearance, Tesla has become the maker of one of the world's best-selling vehicles, Musk has taken over the social media platform X, a biography about him has been published and he has had more children. A A cage fight was suggested between Musk and Mark Zuckerberg, and Rogan would likely relish the opportunity to discuss it, given his ties to the UFC and mixed martial arts.

Even though Rogan hasn't appeared on the podcast in two years, he has spoken about Musk several times. In an interview with the comedian in April Jim BreuerRogan praised the Cybertruck.

“Let me tell you something: This is the coolest vehicle I have ever seen in person in my life,” Rogan said. “It looks like it’s 100 years in the future. It’s the coolest car I’ve ever seen.”

Rogan also criticized the billionaire Bill Gateswho has a short bet against Tesla shares.

“I think it's disrespectful that Bill Gates is shorting Tesla's position. This is not a smart move because it will destroy this company. Bill Gates is making a terrible decision.”

Invest $1,000 in Tesla Stock: Investors who took a position in Tesla when Musk first appeared on “The Joe Rogan Experience” made a good choice.

A $1,000 investment in Tesla shares at their intraday peak on September 7, 2018 could have purchased 55.90 shares based on a split-adjusted price of $17.89. The $1,000 investment would be worth $14,092.39 today, based on Tesla's price of $252.10 at the time of writing.

This represents a hypothetical return of 1,309.2% over the last six years.

For comparison, the same $1,000 invested in the SPDR S&P 500 ETF Trust (NYSE:SPY) would be worth $1,986.77 today, a return of 98.7%.

More broadly, an investor would have made a 424.9% return if they invested $1,000 in Tesla stock every time Musk appeared on the Joe Rogan podcast, shown below.

• 2018: 55.90 shares, $14,092.39 today, +1,309.2%

• 2020: 18.84 shares, $4,749.56 today, +375.0%

• 2021: 3.61 shares, $910.08 today, -9.0%

• 2023: 4.93 shares, $1,242.85 today, +24.3%

• Total: $4,000 invested, worth $20,994.88 today, +424.9%

For comparison, the same $1,000 will be invested in the SPDR S&P 500 ETF Trust for each of the following appearances.

• 2018: 3.46 shares, $1,986.77 today, +98.7%

• 2020: 3.45 shares, $1,981.02 today, +98.1%

• 2021: 2.55 shares, $1,464.24 today, +46.4%

• 2023: 2.39 shares, $1,372.36 today, +37.2%

• Total: $4,000 invested, worth $6,804.39 today, +70.1%

As you can see above, buying Tesla shares proved to be a good investment when Musk appeared on the Joe Rogan podcast.

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This article was previously published and updated by Benzinga.

Image created with artificial intelligence via Midjourney.

This article: If You Invested $1,000 in Tesla Stock When Elon Musk First Appeared on the Joe Rogan Podcast, Here's How Much You'd Have Now originally appeared on Benzinga.com