How to buy Tesla (TSLA) shares | 08 March share price $563 | Finder NZ

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How to buy Tesla shares | $563

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 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.
  6. 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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Name Product Available Investment Types Min. Monthly Fee Currency Conversion Fee Available Markets
Stake
Shares, ETFs
$0
1% ($2 min)
NASDAQ, NYSE, BATS, Chicago Stock Exchange, and more
Sign up through Finder and use referral code "FINDERNZ" for a free stock. Trade more than 3,800 US-listed stocks and ETFs through Stake with $0 fees on trades.
Hatch
Shares, ETFs
$0
0.5%
NASDAQ, NYSE
Invest in more than 3,900 US companies and exchange-traded funds (ETFs). No minimum investment or monthly fees.
Sharesies
Shares, ETFs, Managed Funds, Index Funds
$0
0.4%
NASDAQ, NYSE, NZX, CBOE
Trade and invest in more than 3,000 companies, ETFs and managed funds across New Zealand and the 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
Data updated regularly
Name Product Minimum Opening Deposit Minimum Opening Deposit Commission Available Markets Platforms
Plus500 CFD
NZ 100
100
No commission
Indices, FX, Shares, Commodities, Cryptocurrency, ETFs, Options
Plus500 WebTrader
CFDs are complex financial products and traders are at high-risk of losing all of or more than their initial investment.
Finder exclusive offer: Open a new trading account and receive a welcome bonus of NZ$120 when you deposit your first $400 and enter the bonus code “Special200”. Ts&Cs apply.
Trade CFDs on shares, forex, crypto, indices, commodities and more.
BlackBull Markets CFD
USD 200
200
No commission
Indices, FX, Commodities, Precious metals
MetaTrader 4, MetaTrader 5
CFDs are complex financial products and traders are at high-risk of losing all of or more than their initial investment.
Trade CFDs on shares, forex, indices, commodities, precious metals and more.
IG Markets CFDs
AUD 0
0
0.08% with $7 minimum
Indices, FX, Shares, Commodities, Cryptocurrency, Options, ETPs
MetaTrader 4, ProRealTime
CFDs are complex financial products and traders are at high-risk of losing all of or more than their initial investment.
Trade from over 15,000 markets with a leading service for CFD trading and forex.
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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 2021-03-08.
OpenUSD$600.49
HighUSD$620.0906
LowUSD$558.8
CloseUSD$563
Previous closeUSD$597.95
Change USD$-34.95
Change % -5.845%
Volume 50,782,116
Information last updated 2021-03-03.
52-week rangeUSD$70.102 - USD$895.9
50-day moving average USD$812.9758
200-day moving average USD$574.534
Wall St. target priceUSD$607.76
PE ratio 1072.5625
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.64

Tesla price performance over time

Historical closes compared with the last close of $563

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

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

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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