How to buy shares in Tesla from New Zealand
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Tesla Find the stock by name or ticker symbol: TSLA. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tesla reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$682.22, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Tesla, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Tesla. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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Tesla share priceUse our graph to track the performance of TSLA stocks over time.
Tesla shares at a glance
|52-week range||USD$70.102 - USD$895.9|
|50-day moving average||USD$812.9758|
|200-day moving average||USD$574.534|
|Wall St. target price||USD$607.76|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.64|
Tesla price performance over time
|1 week (2021-02-26)||N/A|
|1 month (2021-02-05)||N/A|
|3 months (2020-12-05)||N/A|
|6 months (2020-09-05)||N/A|
|1 year (2020-03-05)||N/A|
|2 years (2019-03-05)||N/A|
|3 years (2018-03-05)||N/A|
|5 years (2016-03-05)||N/A|
Is Tesla under- or over-valued?
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's P/E ratio
Tesla's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1073x. In other words, Tesla shares trade at around 1073x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Tesla's PEG ratio
Tesla's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.6396. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tesla's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Tesla's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$4.3 billion.
The EBITDA is a measure of a Tesla's overall financial performance and is widely used to measure a its profitability.
Shorting Tesla shares
There are currently 47.7 million Tesla shares held short by investors – that's known as Tesla's "short interest". This figure is 8.9% down from 52.4 million last month.
There are a few different ways that this level of interest in shorting Tesla shares can be evaluated.
Tesla's "short interest ratio" (SIR)
Tesla's "short interest ratio" (SIR) is the quantity of Tesla shares currently shorted divided by the average quantity of Tesla shares traded daily (recently around 26.6 million). Tesla's SIR currently stands at 1.79. In other words for every 100,000 Tesla shares traded daily on the market, roughly 1790 shares are currently held short.
However Tesla's short interest can also be evaluated against the total number of Tesla shares, or, against the total number of tradable Tesla shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Tesla's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Tesla shares in existence, roughly 50 shares are currently held short) or 0.0618% of the tradable shares (for every 100,000 tradable Tesla shares, roughly 62 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Tesla.
Frequently asked questions
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