How to buy Tesla shares

Tesla shares have increased 1.97% from their previous closing price ($215.99). Learn how to easily invest in Tesla shares in the UK.

Tesla
NASDAQ: TSLA-USD
About an hour ago

$220.25

+$4.26 (+1.97%)

Tesla is an American automotive company, best known for the production of electric cars. Tesla’s model S car has become the highest rated car ever. Not only does Tesla create cars that drive themselves, it also owns the entire supply chain of its cars. Elon Musk, as founder, remains the richest man on the planet. So, here is all you need to know about investing in Tesla.

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 licence and a means of payment.

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Fees calculator for buying Tesla shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

5
Platform Finder Score Account fee Min. initial deposit Trade cost Link
eToro Free Stocks logo
4.3 ★★★★★
£0 $100 £867.82
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Saxo Share Dealing Account logo
4.3 ★★★★★
0.12% per year £0 £857.19
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XTB logo
4.4 ★★★★★
£0 £0 £859.27
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CMC Invest share dealing account logo
4.4 ★★★★★
£0 £0 £859.27
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Hargreaves Lansdown Fund and Share Account logo
4.2 ★★★★★
£0 £1 £875.49
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Webull logo
4.1 ★★★★★
£0 £0 £858.20
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Trading212 logo
4.7 ★★★★★
£0 £1 £856.27
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Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Tesla

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Tesla), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Tesla is a major part of the NASDAQ, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Latest updates for Tesla

July 24, 2024: Tesla's share price dipped after it reported weaker-than-expected earnings. Revenue reach $25.5 billion (beating Wall Street estimates of around $24.8 billion) but earnings per share (EPS) of $0.52 fell short of the $0.62 exptectations.

July 17, 2024: Cathie Wood of Ark Investment Management believes that the Tesla share price could see a 10-fold increase if it's able to pull off robotaxis, stating that the autonomouse taxi industry could be worth up to $10 trillion as an industry.

July 15, 2024: Shares of Tesla rose Monday, retracing some of last week’s selloff that followed reports of a planned delay for the electric-vehicle company’s Robotaxi Day, but gave back most of the gains at the end of the session, according to MarketWatch.

July 3, 2024: Tesla's share price surged by over 10% after the EV company announced that it delivered 443,956 vehicles in its quarterly report, beating Wall Street estimates.

July 2, 2024: Analysts at Wells Fargo maintained an Underweight rating on Tesla and a price target of $120. Meanwhile, analysts at Cantor Fitzgerald reiterated an Overweight rating and a price target of $230, according to Benzinga.

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.

Historical closes compared with the last close of $220.245

1 week (2024-07-17)-11.63%
1 month (2024-06-24)17.56%
3 months (2024-04-24)29.42%
6 months (2024-01-24)20.60%
1 year (2023-07-24)-16.98%
2 years (2022-07-24)-72.65%
3 years (2021-07-24)-67.56%
5 years (2019-07-24)-3.75%

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 stock a buy or a sell?

georgesweeney profile pic George Sweeney

Finder Money Expert

After a few years of lightning growth, many major investors have sold some (or all) of their positions in Tesla. That’s because the first phase of Tesla is complete. It’s proved itself as a company that can not only make great electric vehicles (EVs) it can also make a profit.

The issue is that the popularity of Tesla shares means that the stock is already pricing in plenty of future growth. But that doesn’t mean the company won’t go on to exceed expectations. Now that Tesla has proven its core business, it’s expanding and moving into other industries like AI, robotics, and autonomous driving. If Tesla continues to see high demand for its EVs and it breaks ground in other areas, there’s no reason why the stock won’t continue to race forward.

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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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 share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 64x. In other words, Tesla's shares trade at around 64x 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 share prices of multiple high-growth companies.

Tesla's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $12.3 billion (£9.5 billion).

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

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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4 Responses

    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
      JoshuaMarch 11, 2019Finder

      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

    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
      JoshuaDecember 26, 2018Finder

      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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