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How to buy Tesla shares | $687.2

Own Tesla shares in just a few minutes.

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How to buy shares in Tesla from New Zealand

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Decide on how many to buy. At last close price of $599.05, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Tesla, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Tesla. Optimise 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.

Compare trading platforms

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OFFER
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US
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Important: By investing in a share CFD, you are speculating on the price movement of that share and do not have ownership of the underlying asset. CFDs are complicated financial products are are more suited to experienced trader. Learn more about CFD trading
Name Product Minimum Opening Deposit Minimum Opening Deposit Commission Available Markets Platforms
Plus500 CFD
NZ 200
200
No commission
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Plus500 WebTrader
CFD Service. Your capital is at risk.
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BlackBull Markets CFD
USD 200
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IG Markets CFDs
AUD 0
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0.08% with $7 minimum
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CMC Markets CFD
NZD 0
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MetaTrader 4,CMC Next Generation
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Tesla share price

Use our graph to track the performance of TSLA stocks over time.

Tesla shares at a glance

Information last updated 2021-07-30.
OpenUSD671.758
HighUSD697.53
LowUSD669
CloseUSD687.2
Previous closeUSD677.35
Change USD9.85
Change % 1.4542%
Volume 29,656,411
Information last updated 2021-07-29.
52-week rangeUSD273 - USD895.9
50-day moving average USD647.4252
200-day moving average USD692.2752
Wall St. target priceUSD655.12
PE ratio 358.1967
Dividend yield N/A (0%)
Earnings per share (TTM) USD1.891

Tesla price performance over time

Historical closes compared with the last close of $687.2

1 week (2021-07-22) N/A
1 month (2021-07-02) 1.22%
3 months (2021-04-30) -3.13%
6 months (2021-01-29) N/A
1 year (2020-07-29) N/A
2 years (2019-07-29) N/A
3 years (2018-07-29) N/A
5 years (2016-07-29) 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 358x. In other words, Tesla shares trade at around 358x 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 3.2309. 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

Tesla's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$5.8 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 32.4 million Tesla shares held short by investors – that's known as Tesla's "short interest". This figure is 5.1% down from 34.1 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 23.4 million). Tesla's SIR currently stands at 1.38. In other words for every 100,000 Tesla shares traded daily on the market, roughly 1380 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 0.03% of the outstanding shares (for every 100,000 Tesla shares in existence, roughly 30 shares are currently held short) or 0.0414% of the tradable shares (for every 100,000 tradable Tesla shares, roughly 41 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

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.

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