Despite being primarily known as a manufacturer of cars, Tesla bring so much more to the party. Tesla is seen as one of the most unique and innovative companies on the planet, which would explain why their shares interest has been some of the most sought after on the Earth. Their CEO, Elon Musk is as much of a commodity when buying into Tesla as buying into the company itself. In this guide we will go over how to buy Tesla shares online.
In This Article:
How To Buy Tesla Shares Online In 3 Easy Steps
2. Deposit Funds
Deposit funds in a matter of seconds. Choose from a debit/credit card, e-wallet, or bank wire.
3. Buy Tesla Shares
Search for Tesla (TSLA), specify the number of shares you want to purchase, and click ‘buy’.
Where to Buy Tesla Shares Online
Here are our top recommended regulated brokers that allow you to buy Tesla Shares.
Highlights Plus500 is a globally-regulated broker offering to trade on more than 2,500+ leveraged CFD instruments commission-free covering Forex, Commodities, Indices, Shares, Options and Cryptocurrencies.
Licenses ASIC, CySEC, FCA, FSB, ISA, MAS
How to Purchase Tesla Shares from Plus500
Below we have listed a number of steps you can follow on your path to purchasing Tesla shares with Plus500. However, if you do choose to do this with another broker then the process does not change all too much. It is important to note that you have to have an account and verified identity before purchasing any shares via Plus500.
Step 1: Search for Tesla (TSLA) Instrument
Once you have an account and have managed to get it verified, it is time to start trading. The first step is to search for Tesla using the search bar a the top of the page.
Step 2: Click ‘Buy’
Once you are in the position and ready to begin trading Tesla shares, simply press the trade button next to their name.
If not yet registered, Select Account Mode.
Step 3: Set-Up Order and Buy Tesla Shares
The final step before actually paying is to arrange the parameters of your order. If you are certain about purchasing Tesla shares, then ensure that this option is set at ‘buy order’.
Below is a number of other things you will need to enter:
- Amount you want to buy: You do not have to purchase entire Tesla shares, so simply decide on the amount that you personally are looking to invest.
- Set Rate: If you’re content with the market price, you may leave the order box as it is. However, if you’re looking to enter in at a particular pricing range, you can go and change this to ‘limit order’.
- Stop Loss: This allows you to decide what price you want to close your order at if the markets are to head South against your favour.
- Take Profit: This will allow your profits to lock-in by themselves if you have a particular target price that has come to mind.
Finally, if you’ve gone through all the steps smoothly then simply set your order and click ‘buy’ and you’ve gone and invested money into Tesla’s shares!
Why Should you Invest in Tesla?
Below we have listed a number of reasons as to why you may consider investing in Tesla despite their fluctuating and risky approach to business:
The Potential to Grow Exponentially.
Tesla made a huge generation of revenue in 2019, coming in at just under $25billion, and despite the problems that COVID has put companies in, they were in a great vein of form prior to the illness. As well as this, their goals to expand across the globe even more so than they already are something to look out for. Tesla also practically spend zero on advertising yet manages to continue to be one of the most talked about companies on the planet.
They have a vision for the long-term.
Their vision has been made clear by the CEO Elon Musk. With the goals of producing electric cars and assisting to transition the world into a sustainable energy model being the head of the goals when it comes to Tesla’s aims.
Model Y and Cybertruck
Tesla has announced both the Cybertruck and the Model Y vehicles, these are both seen as huge steps forward for the company.
Tesla Self-Driving Vehicles.
Tesla’s aim for making automated cars the norm is something is no doubt going to be the mainline way of travel in the coming future. With Tesla leading the line in this field, it would be best to jump on the boat before it sets sail for a major boom in business once this transition begins to fully happen.
Details About Tesla Shares
Company and Shares History
Forming in 2003, Tesla was founded by Martin Eberhard and Marc Tarpenningn, their goal was to push forward the idea of the future that electric cars were the more sustainable model than petrol cars. A year after their forming, Elon Musk entered the fray becoming chairman of the board of directors. Since that point in time Elon Musk has managed to transform himself as the face of the company and one the names that is associated with the brand.
Even with their success in the world of vehicles and cars, Tesla has moved their services out into broader horizons through the mediums of other solar based products like panels, roofs etc…
Despite the devastating blow that COVID has had on companies, Tesla has actually doubled its price since March. Tesla also announced publicly that for Q1 2020 earnings, they had managed to make a profit of over $15million. Tesla’s growth is showing no signs of slowing down even in the atmosphere of a worldwide pandemic.
What Else is there to know about Tesla?
They are bigger than iconic motor companies like Ford, Honda etc… all put together at once. 85% of their yearly income comes from the sales of vehicles which means that Tesla is most dependent on the performance of their motorised vehicles. Although they show no signs of slowing down. Their technology and innovation have put them so far ahead of the curve and their competition. Their batteries are so much more effective than that of their competitors.
Should I Buy Tesla Shares?
Despite the fact that Tesla is on the up, it does not mean you will be guaranteed to make a profit. Their shares is crazy and unpredictable. It is worth keeping an eye on at the very least.
Tesla is the largest electric vehicle company in the world and is on the race to become the first company to release an autonomous self-driving car to retail clients. Moreover, Tesla has a unique vision and an approach that might solve some of the most serious issues currently threatening humanity such as the shortage of fossil fuels and climate change.
So, in conclusion, Tesla is the largest and most innovative motor company when it comes to the production and innovation of electric vehicles, along with leading the race to become the first business to have automated cars available to customers. Their approach is something that is destined to be the way of the future. Although, it is important to keep in mind that their shares is unpredictable and risky.
What did Tesla’s Shares start at?
They went public as a company a decade ago in 2010, and their share price at the time was usually $17 per share.
What is their shares symbol?
Tesla’s symbol is listed as ‘TSLA’.
Does Tesla pay dividends?
Tesla does not pay shareholders dividends.
Is Tesla profitable?
Despite having never been profitable for an entire year, they are off to a good start in 2020 despite the circumstances of the world.