Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Tesla stock

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

Tesla
NASDAQ: TSLA-USD
About 27 hours ago

$171.05

-$3.55 (-2.03%)

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. Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: TSLA in this case.
  5. Research stocks. The platform should provide the latest information available.
  6. Buy your stocks. Place a market order or limit order with your preferred number of shares. 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.

Our top picks for buying Tesla stock

Best for beginners

Go to site
Commission-free stock trading
  • No-cost financial planning and automated investing
  • $0 commission on stocks, ETFs and options
  • Get up to $1,000 in stock when you fund a new account within 30 days

Top pick for new account bonus

Go to site
$200 in US stocks
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Get $100-$5,000 when you open an account with $5,000 to $1,000,000+

Top pick for interest on uninvested cash

Go to site
Easy access to diverse assets
  • Trade stocks, bonds, options, ETFs, crypto, Treasurys, collectibles, royalties
  • Earn 5.1% APY on your cash
  • Earn a $0.18 rebate on options, with no commissions and no per-contract fees

Latest updates for Tesla

April 12, 2024: Wells Fargo analysts said in a note Friday that they expect Tesla to miss first-quarter expectations when it reports on April 23, according to Investing.com.

April 2, 2024: Tesla shares are tumbling 7% in premarket trading Tuesday after the company posted delivery figures that fell well short of Wall Street expectations, according to MarketWatch.

March 28, 2024: Wedbush analyst Daniel Ives maintained an Outperform rating on Tesla, with an updated price target of $300 (down from $315), according to Benzinga.

March 19, 2024: Tesla stock has picked up its performance after a brief drop in share price. So far this year, it's surprisingly been one of the worst performers on the S&P 500.

March 18, 2024: Goldman Sachs analyst Mark Delaney maintained a neutral rating on Tesla and changed the price target from $220 to $190, according to Benzinga.

Looking ahead - Tesla stock Q1 2024

Wall Street expects Tesla earnings per share of just $3.10 a share in 2024. That would be a little less than a 1% decline compared to last year's $3.12. That was a 23% decline versus 2022. Analyst project a solid increase in 2025 to $4.24 a share, according to Investors.com.

Wall Street slashed 2024 profit projections after Tesla reported worse-than-expected fourth-quarter earnings and revenue in late January, with longtime Tesla bull Dan Ives summing up the conference call as a "train wreck," according to Investors.com.

Wall Street is currently projecting about 2.1 million units sold in 2024, up 20%. That growth rate is significantly below last year's 38%. For now, Wall Street projections for 2024 unit sales look safe, according to Barron's.

Is it a good time to buy Tesla stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

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

Share price volatility

Over the last 12 months, Tesla's shares have ranged in value from as little as $152.37 up to $299.29. A popular way to gauge a stock's volatility is its "beta".

TSLA.US volatility(beta: 2.42)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 2.415. 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 $171.05

1 week (2024-04-05)3.73%
1 month (2024-03-13)0.93%
3 months (2024-01-12)-21.86%
6 months (2023-10-13)-31.89%
1 year (2023-04-13)-7.99%
2 years (2022-04-13)-83.27%
3 years (2021-04-13)-77.56%
5 years (2019-04-12)-36.10%

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.

Buy Tesla stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 5 of 5
Name Product Ratings Available asset types Minimum deposit Stock trade fee Cash sweep APY Signup bonus
SoFi Invest®
Finder Score: 4.1 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.01%
Get up to $1,000 in stock
when you fund a new account within 30 days
Tastytrade
Finder Score: 4.6 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $100-$5,000
when you open and fund an account with $5,000 to $1,000,000+
Highly commended for Best Derivatives Trading Platform award.
Public.com
Finder Score: 4.1 / 5: ★★★★★
Public.com
★★★★★
Stocks, ETFs, Cryptocurrency, Art, Treasury Bills, Collectibles
$0
$0
5.1%
N/A
2.5% fee applies to all alternative asset transactions.
Robinhood
Finder Score: 4.3 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
1.5%, or 5% with Robinhood Gold
Get a free stock
when you successfully sign up and link your bank account.
Try Robinhood Gold for 30 days risk-free upon signup and earn a 5% APY on your uninvested cash, a 3% match on IRA contributions, up to $50,000 in instant deposits and more. Accounts are auto-downgraded after the trial period.
Moomoo
Finder Score: 4.7 / 5: ★★★★★
Exclusive
Moomoo
★★★★★
Stocks, Options, ETFs
$0
$0
5.10%
Choose a 1.5% match or 7 free fractional shares
when you open a new account and meet funding requirements
No commission stock and ETF trading, with a chance to get a 1.5% cash reward match or 7 free fractional shares.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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 41x. In other words, Tesla stocks trade at around 41x 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 10, 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 2.679. 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 $13.6 billion.

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

Frequently asked questions

More guides on Finder

Ask a Question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site