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How to buy Tesla stock (TSLA)

Buy Tesla stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Tesla
NASDAQ: TSLA-USD
About 79 hours ago

$179.24

+$5.5 (+3.17%)

Tesla is a global electric car maker and clean energy company headquartered in Austin, Texas. Founded in 2003, Tesla designs and produces electric vehicles and energy generation and storage products, including solar panels and at-home charging stations. Its network of 45,000+ Superchargers is the largest network of fast-chargers in the US.

Co-founded and led by billionaire Elon Musk, Tesla is currently the most valuable car brand worldwide. In addition to its lineup of sedans and SUVs, Tesla's future vehicle models include the Tesla Cybertruck, Tesla's version of a pickup truck, and its upcoming fully electric semi truck, dubbed Tesla Semi. Tesla (TSLA) stock launched on the NASDAQ in 2010 and its share price has since experienced massive growth.

How to buy shares in Tesla

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. TSLA in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving license and a means of payment.

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Latest updates for Tesla

May 21, 2024: Tesla shareholders are voting in the run-up to the June 13 annual meeting as everyone awaits the result to see if Chief Executive Elon Musk's 2018 $56 billion compensation package will be reapproved or not, according to Investor's Business Daily.

May 17, 2024: As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto, according to CNBC.

May 13, 2024: Oil company Chevron was the most shorted US stock in April, overtaking long-standing top target Tesla as short-sellers up their bets on weaker energy prices, according to Reuters.

May 8, 2024: Tesla shares extended their recent run of declines Thursday, pulling the stock closer to the lowest levels since late April, as headline risks for the world's leading electric-vehicle maker continue to mount, according to The Street.

May 1, 2024: Tesla has laid off its whole "Supercharger" team, amounting to roughly 500 jobs (this comes weeks after a mass layoff announcement) and now plan to grow the Supercharger network at a slower pace.

Looking ahead - Tesla stock Q2 2024

Musk said on the latest earnings call that the company plans to start production of new models in “early 2025, if not late this year,” after previously expecting to begin in the second half of 2025. Musk also touted Tesla’s investments in artificial intelligence infrastructure, and said the company is in talks with “one major automaker” to license its driver assistance system, which is marketed in the U.S. as the Full Self-Driving, or FSD, option.

In its shareholder deck, Tesla reiterated a pessimistic outlook for 2024, telling investors that “volume growth rate may be notably lower than the growth rate achieved in 2023.”

The company said it’s accelerating the launch of “new vehicles, including more affordable models,” that will “be able to be produced on the same manufacturing lines” as Tesla’s current lineup. Tesla is aiming to “fully utilize” its current production capacity and to achieve “more than 50% growth over 2023 production” before investing in new manufacturing lines.

Also in the deck, Tesla showed off screens of a robotaxi-based ride-hailing service. The company has been promising a self-driving vehicle for years without delivering on Musk’s promise.
according to Yahoo Finance.

Is it a good time to buy Tesla stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Tesla's price performance, share price volatility, historical data and technicals.

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

Share price volatility

Over the last 12 months, Tesla's shares have ranged in value from as little as $138.8025 up to $299.29. A popular way to gauge a stock's volatility is its "beta".

TSLA.US volatility(beta: 2.41)Avg. volatility(beta: 1.00)LowHigh

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 2.408. This would suggest that Tesla's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Historical closes compared with the last close of $179.24

1 week (2024-05-20)-3.94%
1 month (2024-04-25)6.51%
3 months (2024-02-27)-11.28%
6 months (2023-11-27)-27.35%
1 year (2023-05-25)-7.21%
2 years (2022-05-26)-76.40%
3 years (2021-05-27)-71.33%
5 years (2019-05-27)-5.01%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Tesla under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Tesla P/E ratio, PEG ratio and EBITDA.

Tesla's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 46x. In other words, Tesla's stocks trade at around 46x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). 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 "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.9818. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

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 stock prices of multiple high-growth companies.

Tesla's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $12.3 billion.

The EBITDA is a measure of Tesla's overall financial performance and is widely used to measure a its profitability.

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