Promoted
National Bank Direct Brokerage
- Commission-free trading
- Several account types available
- Access to array of research tools
Tesla (NasdaqGS: TSLA) and Apple (NasdaqGS: AAPL) appear on the outside to be relatively different companies, but they have more in common that you might think.
Aside from each revolutionizing their respective industries, the 2 stocks have the distinction of being among the 10 biggest listed companies in the US by market cap.
In 2020, Apple overtook Microsoft to become the largest company on Wall Street with a market cap of USD $2.2 trillion. Tesla has also seen immense stock market success in recent years, surging by over 1,000% in the last 5 years and admitted to the prestigious S&P 500 stock index in late 2020.
Promoted
Finder Award
Interactive Brokers
- Access to international stock exchanges
- Low margin rates
- Powerful research tools
Apple vs Tesla compared
If you’re thinking about investing in either Tesla or Apple, check out the table below to compare performance history, business models and key financial data specifically chosen to help you decide which stock is a buy. Note: These charts don’t yet take into account stock splits, but we’re working on it!
Apple technical analysis and stock price*
Technical Analysis for AAPL by TradingView
AAPL stock price
Tesla technical analysis and stock price*
Technical Analysis for TSLA by TradingView
TSLA stock price
*This is not a recommendation. It represents a technical analysis based on popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Company description and financial information
Apple
| Tesla
| |
|---|---|---|
| Business model | Apple Inc. is an American-global technology company that designs and sells consumer electronics and software. Apple’s strategy is to bring users into its software and hardware eco system and keep them there. It designs and develops computer electronics such as laptops, desktop systems and mobile phones. | Tesla is an American electric vehicle manufacturer based in California. Its products include electric cars, battery storage options and solar panels. Tesla’s goal is to build an affordable electric car with mass appeal along with zero emission power generation. |
| Founded | Founded in 1976 by Steve Jobs and Steve Wozniak | Founded in 2003 by Martin Eberhard and Marc Tarpenning |
| Market cap | USD $2.08 trillion | USD $602.29 billion |
| 12-month performance | +86% (to 23 December 2020) | +664% (to 23 December 2020) |
| 1-month performance | 13% (to 23 December 2020) | +30% (to 23 December 2020) |
| 12-month revenue | USD $274.5 billion | USD $28.2 billion |
| Gross profit | USD $105 billion (annual) | USD $4.1 billion (annual) |
| Price to earnings ratio (P/E) | Apple has a P/E ratio of 40.3018. As this is higher than the trailing 12-month P/E ratio of 27.29 for the NASDAQ 100 (at the end of 2019), it indicates the stock is overpriced or that investors are confident about the company’s outlook. | Tesla has a P/E ratio of 1,209. As this is significantly higher than the trailing 12-month P/E ratio of 27.29 for the NASDAQ 100 (at the end of 2019), it indicates the stock is overpriced or that investors are extremely confident about the company’s future prospects. |
| Debt-to-equity ratio | 1.87 | 0.95 |
| Dividends | Apple last paid $0.205 per share on November 20, 2020 | Tesla has never paid a dividend |
| Ethical rank (the low the better) | Apple has an S&P Global ESG Score of 29/100, indicating fairly high ethical practices | Tesla has an S&P Global ESG Score of 17/100, indicating high ethical practices |
| Risk level | Apple has a beta of 1.2976 (as of December 23, 2020) which suggests Apple shares are more volatile than the average stock listed on NASDAQ, where the standard beta is 1. | Tesla has a beta of 2.152 (as of December 23, 2020) which suggests Tesla shares are at least twice as volatile as the the average stock listed on NASDAQ, where the standard beta is 1. |
| Strengths |
|
|
| Weaknesses |
|
|
Debt to equity ratio: Compares a company’s level of debt to its amount of shareholder equity. Generally speaking, the higher the ratio, the more leveraged a company is, although this ratio will differ broadly across sectors.
Price-earnings ratio: The relative value of a company’s stock price to its recent profit results, i.e. the price investors are paying for every dollar of profit the company makes. A high P/E ratio might indicate investors expect growth to occur in the future and are willing to pay more for it, or it can also indicate the stock is overpriced.
In summary
- Apple and Tesla are among the biggest companies in the world by market capitalization and the sit within the top 10 list in the United States.
- Both companies rely on innovation and consumer-centric technology that offers mass appeal.
- In direct competition with Tesla, Apple recently announced it planned to release an electric vehicle boasting a new type of battery by 2024.
- Both companies are led by world-famous entrepreneurs.
- Apple and Tesla have both been successful in revolutionizing their industries.
How to buy shares in Tesla and Apple
To buy shares in a US-listed stock from Canada, you’ll need to be registered with a stock trading platforms that provides access to US exchanges.
The cheapest option is to sign up with an online share trading platform. If you’re new to the stock market, look for a broker with a low commission (brokerage fee) and low currency conversion (FX) fee. You can use the table below to compare brokers that offer stocks in Tesla and Apple.
Compare stock trading platforms
1 - 5 of 5
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
More on investing
How do ETFs work?
Your guide to how ETFs work and whether this type of investment is right for you.
Read more…
Best stock app for beginners for 2023
The best stock trading app for beginners is easy to use and offers free trades.
Read more…
How to read stock charts
Learning how to read stock charts and recognize chart patterns can unlock your success as a trader.
Read more…
3 upcoming IPOs to watch in June 2023
Several medical research and health care companies — including a J&J spinoff — are expected to go public this month.
Read more…
What are stocks?
Owning a stock means you own part of a company and can potentially grow your wealth. But there is a risk of loss.
Read more…
Best time to buy stocks
The best time to buy stocks could be right after an IPO, during expansion periods or when other investors are buying or selling.
Read more…
More guides on Finder
-
Best bad credit loans in PEI
Compare some of the best bad credit loans in PEI.
-
Credito review
Your guide to the features, interest rates and fees to expect when you apply for a short-term loan with Credito.
-
5 apps like Bree in Canada
Pay for unexpected bills and avoid overdrafts when you sign up for apps like Bree.
-
Debt Relief Canada (reliefcanada.ca) review
Take a closer look at the debt relief solutions, features and fees of Debt Relief Canada.
-
Desjardins Online Brokerage (Disnat) review 2023
Learn more about Desjardins Online Brokerage (Disnat) to see if it’s the right broker for you.
-
Guide to finding the best prepaid card in Canada in June 2023
We show you the best prepaid credit cards in Canada, whether you’re looking for a prepaid card with no fees, cash back rewards, or travel perks, or more.
-
How to buy Sui (SUI) in Canada
This guide provides step-by-step instructions on how to buy Sui, lists some exchanges where you can get it and provides daily price data on (SUI).
-
5 apps like Nyble in Canada
Compare apps like Nyble in Canada to access emergency funding.
-
RightRide review
Your guide to buying and financing a car in Canada with RightRide.
-
Compare bad credit car loans in BC
Your guide to bad credit car loans in BC and how to find the right financing for your needs.