
How to buy Tesla stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – TSLA. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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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% |
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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".
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.
Tesla in the news
Can Elon Musk Dodge Dogecoin Investors' Insider-Trading Allegations?
Tesla Stock Higher As China Sales Rise Following Elon Musk Visit
Tesla May Have Just Unlocked a New, Profitable Revenue Stream
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.
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