Like it or not, millions will own Tesla stock soon // Motley Fool Australia

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

A lot of people have strong feelings about electric vehicle pioneer Tesla Inc (NASDAQ: TSLA), both as a company and as an investment. The Elon Musk-led company has generated plenty of controversy over its history, but its skyrocketing share price has left its automaker peers in the dust.

The stock’s amazing run has delivered 550% returns in just the past year, and more than 9,500% gains in Tesla’s roughly 10 years as a publicly traded company. That has resulted in a share price that many investors think is far too high to pay.

Yet even if you believe that Tesla isn’t a buy right now, you might still end up acquiring some…