Investing in Tesla

Tesla is one of the most exciting companies in today’s economy. Not only does the company produce electric cars, but it also has its sights set on solar energy, self-driving cars, and even space travel. Many people are interested in buying Tesla stock, but aren’t sure how to go about it. Are you looking to buy Tesla stock ? In this blog post, we’ll cover the ins and outs of buying Tesla stock so you can make an informed decision.

Before you start buying Tesla stock, it is important to know how to buy stocks. Are you a beginner in buying stocks? Then first read our article on buying stocks .

Should you buy Tesla stock or not?

Before you decide to invest in Tesla stock, it is important to be aware of the risks and opportunities of investing in the company. On the one hand, Tesla has a strong brand and has shown great growth in recent years. On the other hand, the company is still young and volatile, which means there is a greater risk for investors. It is therefore important that you do your own thorough research and determine whether this stock deserves a place in your stock portfolio .

What is Tesla – What are Tesla Stocks?

Tesla is an American company that produces electric cars, solar energy products, and energy storage systems.

Contrary to popular belief, Tesla was not founded by Elon Musk. Tesla was actually founded in 2003 by Martin Eberhard and Marc Tarpenning, and although Elon Musk was not the founder, he quickly became involved in the company by investing $30 million. This investment not only allowed Tesla to raise the necessary capital, but also to attract additional funding from outside investors. Within a relatively short time, in 2008, Tesla produced its first vehicle, the Roadster. Since then, the company has produced a wide range of vehicles, such as the Model S, Model X, Model Y, and Model 3. Other models are on the way, such as a truck and a new version of the Roadster. In addition to vehicles, Tesla also produces solar panels and storage devices.

Tesla’s stock trades on the NASDAQ under the ticker symbol TSLA.

Tesla stock on the NASDAQ

Tesla is one of the most popular stocks on the NASDAQ. The company has a market capitalization of over $500 billion and is one of the most valuable companies in the world.

Tesla has been listed on the NASDAQ since June 29, 2010, with an IPO price of $17.00. In July 2020, Tesla reached a market capitalization of $210 billion, making it the most valuable car company in the world. On August 21, 2020, Tesla performed a stock split , whereby for one “old share” shareholders received five “new shares”. Tesla’s share price has increased by 376.4% since the end of 2019, almost quadrupling. This makes the share price look very much like a growth stock.

Tesla stock history

Tesla is a relatively young company, only starting to sell shares in 2010. Since then, the stock has risen dramatically, peaking at over $900 per share in January 2021. This means that investors who invested in Tesla stock in 2010 have made a big profit since then.

Tesla is headquartered in Palo Alto, California, and has had a European office in Amsterdam since 2013. Its European distribution center is located in Tilburg. The company has several manufacturing facilities, including Gigafactory 1 in Nevada, which opened in 2015 with a $5 billion investment for the production of lithium-ion batteries. There are also Gigafactories in New York and Shanghai, which produce solar panels and roofs and vehicles, respectively. In November 2019, construction began on a Gigafactory near Berlin, Germany.

Tesla stock forecast / future

The future of Tesla stock is uncertain, as with any company and stock. Some believe that the company has enormous growth potential and that the stock can still go much higher. Others, however, are skeptical about the company’s valuation and believe that the stock is overpriced.

Tesla has set itself the goal of producing 20 million cars annually by 2030. The goal is ambitious, because in 2019, approximately 368,000 Teslas rolled off the production line. A constant expansion of production capacity and a smooth vehicle construction process are required for this. Sufficient production capacity for batteries and accumulators is also crucial. In order to meet the production targets, Tesla is pursuing an active acquisition policy. The company is acquiring leading battery manufacturers. In addition, the company is working hard on the construction and constant expansion of its own advanced production facilities and gigafactories. In order to be as independent as possible from suppliers, Tesla wants to extract lithium for its battery factories in the southwestern US state of Nevada. Lithium is an important component for the manufacture of batteries. Tesla’s Chinese gigafactory in Shanghai is an important part of Tesla’s strategy to boost sales outside the United States. In China, Tesla has to compete on the electric driving market with Chinese price fighter NIO and global brands such as BMW and Volkswagen. Mercedes-Benz and Daimler are also increasingly putting electric models on the market.

Tesla Share Value/Price – How much does a Tesla share cost?

The current value of a Tesla stock can vary and depends on several factors such as demand for the stock, the company’s earnings, and general market sentiment. It is important to note that the value of a stock can also change as new information becomes available.

On January 22, 2023, one Tesla share costs: USD 133.42

How many (outstanding) Tesla shares are there?

There are approximately 567 million Tesla shares outstanding.

Dividend (policy) Tesla shares

Tesla currently has no dividend policy and invests its profits back into the business.

Tesla share quarterly figures

Tesla publishes quarterly financial performance figures, which are available on its website and through various financial news sites.

How and where do you buy Tesla shares?

Tesla shares can be purchased through an online broker or a traditional bank. See the step-by-step plan below on how to buy Tesla shares.

Step 1: Analyze Tesla and its finances

Analyzing a company’s competitive position and financials is an important step in buying stock, and can sometimes be tricky. The company’s annual report can give a good first impression, but it’s important to also look at the industry as a whole and investigate how other companies compete.

Step 2: Does Tesla stock fit within your investment portfolio?

Tesla can be characterized as a real growth stock. Where no dividend is paid (at present). Check for yourself whether this fits within your portfolio and investment strategy.

Step 3: Determine how much you can invest

Determining how much to invest in Tesla stock has more to do with your own financial situation than the company itself. Stocks can be volatile , so to make a profitable investment, you’ll probably want to leave your money in Tesla stock for at least three to five years. Make sure you can survive without the money for that period.

Step 4: Open a trading account

Opening a trading account can be easy, and can often be done within 15 minutes. Choose a broker that meets your needs. For example, an active or less active trader has different needs. Is the research tools or service the most important to you, or is it the costs?

There are also brokers that offer commission-free trading for stocks. After you open your account, you can start buying Tesla stocks.

Step 5: Buy Tesla stock

Once you have opened your trading account and deposited funds, you can buy Tesla stock. This can be easily done online through your broker. You can choose to buy a fixed number of shares or set a limit order . It is important to remember that buying Tesla stock is often a long-term investment, so be prepared to hold the stock for a number of years.

Conclusion: Buy Tesla shares

Tesla is an interesting company with a lot of growth potential, but investing in shares is always risky. Before you decide to invest in Tesla shares, it is important to do your own due diligence and weigh your risks.