Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Tesla stock

Learn how to buy Tesla stock in 5 easy steps.

Tesla Inc
NASDAQ: TSLA - USD
$218.21
+ $4.24 ( + 1.98%)
AUTO MANUFACTURERS

How to buy Tesla stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – TSLA. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Our top picks for where to buy Tesla stock

Promoted for options trading

tastytrade


  • $0 commissions on stocks and ETFs
  • $0 closing commissions on stock and ETF options
  • Get $100 - $2,000 when you open and fund an account with $5,000 to $100,000+

Best for low fees

Finder Award

SoFi Invest


  • Trade stocks for $0 and no annual fee
  • Start trading with a $0 minimum deposit
  • Get up to $1,000 in stock when you fund a new account within 30 days

Promoted for all-in-one investing

M1 Finance


  • Commission-free stock and ETF trades
  • No management fees
  • Customizable portfolios with automatic rebalancing

What is Tesla?

Tesla (TSLA) is a global electric car maker headquartered in the US. Founded in 2003, Tesla is best known for its popular electric vehicle range, batter storage technology and solar panel solutions, as well as for its enigmatic CEO Elon Musk. TSLA listed on Wall Street’s NASDAQ stock exchange in 2010 and its share price has since experienced massive growth.

News update: May 23, 2023

  • Tesla shares have climbed roughly 14% over the past month, possibly driven by the recent strength in broader growth stocks.
  • Musk’s May 11 announcement that he had hired a new CEO for Twitter may also be lifting the stock. Shares of Tesla are up nearly 10% since the announcement.

Tesla stock price

Tesla price performance over time

Historical closes compared with the close of $215 from 2023-06-02

1 week (2023-05-26) 11.30%
1 month (2023-05-05) 26.43%
3 months (2023-03-03) 8.70%
6 months (2022-12-05) 17.84%
1 year (2022-06-01) N/A
2 years (2021-06-04) -64.11%
3 years (2020-06-05) 21.38%
5 years (2018-06-05) 269.25%

Buy Tesla stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 6 of 6
Name Product Available asset types Stock trade fee Minimum deposit Signup bonus
tastytrade
Stocks, Options, ETFs, Cryptocurrency, Futures
$0
$0
Get $100 - $2,000
when you you open and fund an account with $5,000 to $100,000+
Highly commended for Best Derivatives Trading Platform award.
SoFi Invest
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get up to $1,000 in stock
when you fund a new account within 30 days.
Winner of Finder’s Best Low-Cost Broker award.
M1 Finance
Stocks, ETFs
$0
$100
Get $75 - $500
when you sign up and deposit min. $10,000 within 14 days. Terms and conditions apply
Build a custom portfolio of stocks and ETFs with automatic rebalancing.
Finder Award
eToro
Stocks, Options, ETFs, Cryptocurrency
$0
$0
FINDER EXCLUSIVE: Get a guaranteed $15 bonus
when you sign up and deposit $100
Winner of Finder’s Best Broker for Beginners award. Not available in NY, NV, MN, TN, and HI.
Public.com
Stocks, ETFs, Cryptocurrency, Alternatives, Treasury Bills
$0
$0
Get up to $300 in either stocks or crypto
when you use code FINDERUS to sign up and fund a new account.
Earn a 5.4% yield with government-backed Treasury bills.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs, Treasury Bills
$0
$0
Get $50 - $700
when you open and fund an account with $5,000 - $250,000+
Pay no commissions on stocks, ETFs, mutual funds and options.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Alternative ways to invest in Tesla

Buying stocks in just one company can leave you more exposed to unexpected swings in the market than if you have a range of investments, otherwise known as a diversified portfolio. Experts generally recommend having a broad mix of assets and funds on the basis that drops in the value of some will be offset by potential rises elsewhere.

This means that it’s generally a good idea to invest in exchange-traded funds (ETFs) or index funds like the S&P 500 to gain quick exposure to a variety of companies and industries. Tesla is a major part of the NASDAQ index, so it’s included in many global funds and investment trusts like the S&P 500, as well as ETFs.

Is Tesla stock undervalued or overvalued?

Valuing Tesla stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tesla's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tesla financials

Revenue TTM $86 billion
Operating margin TTM 14.82%
Gross profit TTM $20.9 billion
Return on assets TTM 10.43%
Return on equity TTM 27.99%
Profit margin 13.66%
Book value $15.16
Market capitalisation $637.6 billion

TTM: trailing 12 months

Tesla share dividends

We're not expecting Tesla to pay a dividend over the next 12 months.

Have Tesla's shares ever split?

Tesla's shares were split on a 3:1 basis on 25 August 2022. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Tesla shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Tesla shares which in turn could have impacted Tesla's share price.

Tesla share price volatility

Over the last 12 months, Tesla's shares have ranged in value from as little as $101.81 up to $314.6667. A popular way to gauge a stock's volatility is its "beta".

TSLA.US volatility(beta: 2)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Tesla's is 2.0028. This would suggest that Tesla's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Frequently asked questions about Tesla (TSLA)

Tesla overview

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc.

More guides on Finder

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site