Tesla Motors, a pioneer in the automotive sector, was born in 2003 in California from the brilliant mind of the genius Elon Musk, current CEO and founder of the American giant. The name of the company derives from the sector of activity in which it operates.
The company, famous all over the world, in fact specializes both in the design, production and distribution of fully electric cars, and in the marketing of power units dedicated to this type of car.
To date, there are many investors who love it and who have decided to invest their money in the company since it was listed on the Wall Street stock exchange for the first time in 2010.
So would you like to buy Tesla shares and thus become part of the stock market of one of the most innovative companies in the automotive sector? All you have to do is follow our guide and we will reveal every facet of this famous American giant.
Tesla shares today
Today Tesla is one of the most important companies in the world of the automotive market. The company can boast more than 110 factories located mostly in the United States and more than 100.000 employees around the globe.
Listed on the American Wall Street stock exchange for the first time on June 29, 2010, Tesla has always had a fluctuating trend made of sudden collapses and growths, we just need to think that only in May 2019 the cost of a single action was around 200 euros while, after just one month, it had multiplied to reach the cost of 960 euros, and then after just 30 days, plummeted to 730 euros, thus recording a loss of about 20%.
The financial situation of Tesla today however is not exactly rosy, even if the company has recorded numerous sales of different car models, it has gone into debt to keep alive its ambition to change the world of four wheels.
This is a financial aspect not to be forgotten if you want to invest in Tesla shares but which nevertheless obliges us to underline how much this is appreciated among the numerous companies in the world of the stock market and how much its investors, despite its fluctuating trend, feed himself a feeling of full confidence towards him.
How to buy Tesla shares
Buying Tesla shares is really simple and you can choose to take advantage of different solutions to do so. Anyone who decides to invest on the stock exchange can choose to buy the shares through a banking institution or to proceed with the support of online trading brokers. Let's look at the two options together in detail, analyzing their advantages and disadvantages.
Buying shares in a trusted banking institution is simple, just go to the counter and rely on the dedicated branch trading consultant who will show us the stock package that best suits our needs.
Although many investors think that investing through a banking institution is safer and more reliable, we must deny this claim and underline three obvious disadvantages:
- Higher trading fees that are around 15/35 euros and bank management fees that concern the current account, taxes and stamp duty of the banking product.
- Attention to the non-existent customer, your practice will be entrusted to a consultant who will have little time to answer your doubts and support you in your investment. This could be a problem that should not be underestimated, especially if you are not an expert in the financial sector and are approaching the world of trading for the first time.
- Longer times to kick off your investments.
Contacting an online broker, on the other hand, has proved to be a more advantageous, safe and innovative method in recent years. These platforms allow its users to purchase the Contracts for Difference in complete safety since they are constantly monitored and regulated by CySEC and, moreover, they allow you to move around the complex world of the financial market in a simple way with the help of a clear interface, intuitive and constantly updated. The best platform to buy Tesla shares is definitely eToro.
The eToro platform
eToro is the online trading broker platform born in 2007. Over the years it has been confirmed as one of the best platforms and which investors cannot do without, to date it can boast more than 9 million satisfied users.
Moving in the difficult and complex world of the stock market has never been easier, cheaper and safer. eToro allows you to buy and sell many different shares including those of Tesla Motors, you can earn in the market you prefer, you will be constantly updated through clear and simple graphs, and you can carefully monitor the progress of the shares that interest you.
The advantages of using eToro to buy Tesla shares
The number one choice of all investors is confirmed, both among the most experienced and beginners. The platform offers numerous advantages to its users who can move easily thanks to a simple and intuitive interface. The eToro platform allows its users to operate in many different financial markets available all over the world with a minimum investment of only 200 euros.
eToro was also the first online platform to launch a new type of approach, that of social trading. By bringing you can interact with the most experienced traders, you will receive numerous tips to put into practice and you can choose the financial strategy that best suits your needs.
All novice users will be able to take advantage of a demo version to practice on the portal, and will be able to use the copy trading function which allows you to imitate the most profitable investments already made by the most experienced traders in the sector.
Last gem not to forget, eToro allows you to keep your position on the financial market open beyond opening hours and on closing days with a very small commission.
How to buy Tesla shares on eToro
Investing in Tesla shares on eToro is really simple, just follow the following steps to become one of the numerous investors:
The first thing to do is to open an account on the platform. You can register by accessing the home page, fill in the registration form by entering the requested personal data. Once you have completed this step, you will have one month to confirm your identity by sending your valid document via email to the indicated address.
To start investing you will need to deposit your capital into the platform account. Choose the amount to invest (minimum amount expected 200 euros) and select the payment method you prefer. You can choose to use the main credit cards, an electronic wallet such as Pay Pal or you can make a bank transfer.
Once the previous steps have been completed, you can start investing in eToro. For the less prepared users, the demo version is available which allows both to learn how to manage your investment and the platform. All experienced and daredevil users, on the other hand, will be able to start jumping into the world of the stock market with a simple click on live mode.
How to view Tesla stock chart and invest on eToro
Finally, once you have finished registering, you can start investing in Tesla.
- To do this, all you have to do is access the markets, click on stocks and consumer goods, and locate TSLA.
- From here you will access the home page of the American giant on the online trading portal, where you can view statistics, buy or sell CFDs and monitor the graph that records the performance of the company's shares.
When you invest, always remember to set your stop loss and take profit to safeguard the funds you decide to use.
How to create an account with Libertex
If you wish to trade online, but are just taking your first steps in this world, then you may also like to use Libertex. This broker offers a platform for fixed and mobile devices, easy to use, regulated and powerful at the same time.
Follow these three simple steps to register and enter the world of online trading in less than 10 minutes:
- Fill in the registration form on the Libertex website and enter all your most up-to-date information.
- Finance your new account by making a capital deposit, which you will use to trade. You can use both credit cards and bank transfers.
- Start trading like a real Pro, with easy-to-use tools and verify your identity within 30 days to withdraw your earnings.
In addition, you can also monitor the progress of your operations using Libertex on a mobile device. Both iOS and Android operating systems are compatible and therefore you can use smartphones or tablets, regardless of your preferences.
Tesla shares forecast and what is the cost of Tesla shares
So what does anyone decide to invest in the future of Tesla motors therefore?
Despite the numerous critical issues that the company has had to manage in the financial market, Tesla is confirmed as a solid reality capable of resisting even the strongest impacts, while continuing to maintain a decidedly high market value.
Tracing its financial history, we note that on its debut on Wall Street in 2010 the cost of a single Tesla share was 17 euros. The stock market entry brought 226 million to the company and its shares began to take off, growing by 41%.
In recent years the price of his shares has continued to rise reaching impressive numbers and despite some negative results over time, his investors have never stopped believing in his stock.
Therefore, by monitoring its performance and its fluctuations on the stock exchange, it is estimated that Tesla shares could even exceed the cost of 4000 euros each in about five years, thus dominating the automotive industry sector and the financial markets of all the world.
Buy Tesla shares reviews
The electric car sector is constantly expanding and is destined to dominate the world scene as polluting vehicles will be eliminated gradually, thus favoring all alternative means of transport. No company besides Tesla invests similar figures in research and development to create new models and above all, there are no competing companies that can match its production of 100% electric cars.
There are numerous plans and business strategies for Tesla, increasingly determined to expand its ecological empire. This in fact has for the future the creation of rapid charging methods for the battery of electric cars, and of course, new models of cars to be presented that can meet the economic and design needs of all its customers.
Underlining these characteristics, I don't think we need to add anything else to understand how promising the actions of this important American giant are. Just think that the growth of the electric car market in the coming years will be huge and Tesla is already confirmed as the absolute protagonist that no competitor can defeat.
Tesla is definitely one of the most promising companies ever on the stock market. His innovative streak, his foresight, and his investments in research and development make the future of Tesla Motors decidedly brighter. Only by relying on the right online trading platform and purchased Tesla shares can we earn interesting figures and we will be able to maximize our profits simply and safely.