How to buy Tesla shares | TSLA shares $224.55

Own Tesla shares in a few minutes.

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The easiest way to buy Tesla shares is through an online share dealing platforms. These platforms let you buy shares in companies and manage your portfolio online or through an app.

Compare the UK’s leading share dealing accounts below to find the best option for you.

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Tesla share price at a glance

  • Code: TSLA
  • Exchange: NASDAQ
  • Open: $228.89
  • Previous close: $227.17
  • Trade high: $229.1
  • Trade low: $222.22
Degiro Share Dealing

Degiro Share Dealing

  • Great for investors looking to buy and hold shares
  • Some of the lowest fees in the market
  • Access to millions of shares in international markets
  • Easy to buy and manage shares online
  • Capital at risk, investments may fall

How to buy shares in Tesla

  1. Choose a share dealing platform. Sometimes called a broker, or a share trading platform. Don’t worry if you’re a beginner, our table below will help you pick the right one for you.
  2. Open your account. You’ll need a passport or ID and your bank details. Usually you’re asked to enter name, email, date of birth, address, national insurance number and employment status.
  3. Confirm your payment details. You’ll need to fund your account with a bank transfer, debit card or credit card.
  4. Find the shares you want to buy. Search the platform you’ve chosen and buy shares. It’s that simple.

Share dealing platform comparison

Updated July 20th, 2019
Name Product Price per trade Frequent trader rate Platform fees
£1.75 + 0.022% (max £5.00)
£1.75 + 0.022% (max £5.00)
Portfolio transfer fees (in & out)
Your capital is at risk.
from £7.50 on the Frequent Dealer Option (or 1% minimum £7.50)
£24 per quarter
£2.00 for a Share Account
Your capital is at risk.
From £7.99 on the Investor Service Plan
From £7.99 on the Investor Service Plan
No transfer fees or exit fees. £9.99 a month on the Investor Service Plan
Your capital is at risk.
£8
From £5
£0 - £24/quarter
Your capital is at risk.
£11.95
£5.95
Transfer out fee
Your capital is at risk.

Compare up to 4 providers

warning icon The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results.

Tesla share price

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

Should I buy Tesla stock?

Tesla divides opinion. While the company is an inspiration to many, with constant innovations in the electric vehicle and energy space, there are others who are less impressed with its brazen CEO and over-ambitious plans. It is up to you as an investor to make your own decision, but here are some of the commonly cited pros and cons of Tesla as an investment option.

Pros

  • Brand power. As we’ve said, Tesla is seen by many as an inspirational brand. Elon Musk also pulls in followers with his dynamism and eagerness to shoot from the hip.
  • Innovative. Tesla set the pace for building an electric car that looked good. It is hard to argue that Tesla isn’t forward thinking.
  • Diverse. Tesla’s mission to accelerate the world’s transition to sustainable energy also fuels its diverse range of battery-powered products.

Cons

  • Erratic. Whatever you think of Elon Musk, his Twitter outbursts harm the stability of Tesla Inc. for investors. See the price graph above to see the big swings in Tesla stock price.
  • Misses deadlines. It hangs over Tesla, the fact that it has never released a product on time.
  • Senior staff turnover. Executives are constantly changing, which is not a good indicator of stability or a level company culture.

What affects Tesla’s share price?

When buying or selling shares in a company it’s important to keep an eye on current affairs related to the company. We will talk you through some of the key things to keep an eye on when trading Tesla shares.

  • Financial reporting. It’s a good idea to know when Tesla will be releasing the financial reports, this will let you know how the company is performing and will have a big impact on the share price. Tesla reports annually on the 30th September each year.
  • Company news. It’s important to keep up to date on the company news – for example, is Tesla planning to release a new phone in the next few months? Are they looking to move into a new country or market? Are they hiring/firing staff? All of these events will have an impact on the share price of Tesla.
  • Wider news. You should also be aware of other external events and news that may have an impact on Tesla’s share price – for instance, news about the mobile industry or their competitors.
  • Does the company pay dividends? If a company pays dividends, it means they pay some of their profits back to shareholders. Currently, Tesla does pay dividends on their shares.
  • Shareholder meetings. These are often held annually and invite large shareholders to attend meetings and vote on matters relating to the company. It is a good idea to know when these are, as they may hold importance over the direction of the company. Tesla host a shareholder meeting annually in February.

Buying overseas stocks

First things first, you should check if the platform you’re considering allows you to hold foreign shares. Whether you’re looking at a dealing account, a stocks and shares ISA, or a SIPP (self invested personal pension), different trading providers have different rules.

Under HMRC rules, you’re allowed to hold shares listed on a ‘recognised stock exchange’. Your provider, however, may not allow it. So, check what stocks you’re able to hold with the share dealing platform you’re considering.

Checklist before you invest in any company

  • What does the company do? This might sound silly with a company like Tesla, but can you explain what the company does in a few sentences? If you can’t, maybe you should go back to the drawing board.
  • Is it making profits? This is a seemingly simple question. If you’re not sure whether a company is profitable, this could be a warning sign. If you want you can read Tesla’s quarterly or annual earnings reports and take a look at the figures for yourself.
  • Who are the main competitors? Every company operates alongside competitors. Before you invest you need to know if the company is the market leader, a newcomer, a fast-growing disrupter, and so on. If the company you’re considering investing in is global facing, you need to keep an eye on foreign competition too.
  • Who is running the company? You’re not be a one-person hedge fund (yet). You can still do your homework though. Any decent company will list its senior managers. Even a cursory look at this can tell you something about the company’s stability and management style.
  • Is the company’s position sustainable? If you’re investing for the long-term, you need to consider this question. If you’re looking for a short-term gain, perhaps this is less important.
  • Is there room for future growth? Linked to the question above, what is the outlook for the medium to long-term. Has your company reached its maximum size?

Frequently asked questions

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4 Responses

  1. Default Gravatar
    OwenMarch 8, 2019

    If I bought Tesla shares, would the share certificates be sent to me?
    Also could I see details of costs and charges BEFORE purchasing?

    • Avatarfinder Customer Care
      JoshuaMarch 11, 2019Staff

      Hi Owen,

      Thanks for getting in touch with Finder. I hope all is well with you. 😃

      Generally, the trend is that companies are moving toward the electronic model. For this reason, you would see companies having electronic copies of your certificate rather giving you paper share certificates. If they do provide paper share certificate, you might need to pay an extra fee for that.

      As for Tesla, I can’t find specific information whether they provide paper share certificates. However, in forums, I read they do but you need to pay hundreds of dollars for it.

      You may directly get in touch with Tesla to confirm and get more information.

      Yes, you should know more about the details of the share you are about to purchase from Tesla. You can know more about this through your broker or from Tesla itself.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  2. Default Gravatar
    HasanDecember 25, 2018

    Tesla shares:
    1. How to buy shares using a broker
    2. How much will I get charged
    3.will I get paid devidents after buying shares

    • Avatarfinder Customer Care
      JoshuaDecember 26, 2018Staff

      Hi Hasan,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      1. You can buy shares using a broker by choosing a trading platform. You can check your options using our table above. You can compare based on price per trade, trader rate, and platform fees. You can then click on the “Go to site” green button of your chosen platform to be redirected to their official website.

      2. That would depend on which platform you choose. To learn more, you can check with your provider.

      3. If you are going with Tesla, at the time of this writing, they do not pay dividends on their shares.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

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