How To Buy Tesla Stock On Etoro
Tesla (TSLA) stock is one of the most attractive foreign assets. Many people are willing to buy these securities, as such an investment can turn into high returns.
Shares of the famous American company demonstrate steady growth. The corporation has excellent financial performance, and its products are in high demand. All this determines the success and future prospects of Tesla.
It is not for nothing that the company was included in the S&P 500 index, which demonstrates its recognition. Tesla is considered a recognized leader in the production of electric cars. And the company continues to grow.
Thanks to the demand for technology and competent management, the company was able to make a big step forward. Much credit for this belongs to the head of the company, Ilon Musk.
Many investors want to invest in the securities of this company, because they believe in the good return on such investments. It is logical that users have a question: "How to buy Tesla shares?"
It is a modern platform offering social trading services. Clients from more than 140 countries use the eToro platform. Traders can interact with each other, making the exchange resemble a social network.
Users are offered many different assets, including Tesla stocks and other securities. Exchange customers can seek help from experts. A balanced portfolio can be assembled on the site.
The trader is offered effective analytical tools. The option of copying trades deserves special attention. This way, it is possible to apply the strategies of successful users.
In eToro, a lot of attention is paid to security issues. Users' funds are kept on a special account. The platform uses modern encryption technologies. So you don't have to worry about funds theft and leakage of confidential information.
Clients of the exchange also have up-to-date analytical tools at their disposal. Beginners can take advantage of educational webinars and other materials. Trading on a demo account is also available.
Advantages of the platform
the ability to copy trades;
interaction with other traders, including recommendations from experts;
large selection of assets;
high level of cybersecurity of the platform;
convenience of the trading terminal - suitable for both beginners and professionals.
The Capital platform was founded in 2016 and quickly gained popularity among traders in many countries. It is an excellent platform for CFD trading, and even beginners can easily understand its principles.
Capital.com provides access to a large number of markets. Traders can use charts, indicators and other analytical tools. It is possible to trade using mobile application.
There is a demo mode for testing the site, after which they can switch to real trading. Beginners also can take advantage of special training courses.
The size of the minimum deposit - 20$, the commission on the exchange is absent. The low spread and possibility of trade with a leverage to 1:100 deserve a separate mention. For the site is characterized by a high standard of safety.
The company uses a security system PCI. As a result, the trader's funds are under reliable protection, and the account will not be hacked. The trading platform is used by millions of traders.
Among the advantages
earnings on CFD-trading stocks;
large selection of assets of trading instruments;
effective analytics (advanced charts, indicators, news);
the introduction of artificial intelligence technology;
modern application for mobile devices.
How do I buy Tesla stock as an individual?
The trader cannot make investments in stocks on his own. To do so, he needs the help of an intermediary who will act on his behalf. Therefore, the question "How to buy Tesla shares for a physical person?" becomes relevant for people who want to earn on such assets.
To buy shares of this company you need to follow the following steps:
Decide on a strategy for earning on the stock.
Choose a brokerage platform and open an account there.
Make a transaction.
For example, you want to buy assets of this corporation, then wait for them to seriously increase in price in order to profit from this difference. Then a broker who offers physical stock purchases is the right choice for you. The option with CFD in this case loses its relevance.
If the fact of owning these securities is not crucial for you, it makes sense to consider a strategy with trading in derivative financial instruments. Transactions with CFDs will allow you to earn even in the event of a decline in value, provided you correctly identify the movement in the value of the stock.
Both options have their own specifics, but your strategy has a lot to do with the choice of a particular platform. It's important that the broker provides the options you need.
That's why eTore will work for physical stock purchases, while Capital will work for CFD trading. The choice of other platforms is possible, but they should be reputable and reliable platforms with a good reputation.
When trading at Capital.com, the process of buying shares is as follows:
you register on the platform;
go to "Markets" and select Tesla;
click "Buy" and start trading.
The process of investing in Tesla securities on other platforms is about the same. The specific algorithm depends on the platform you choose. On eToro, for example, there is a choice between investing in stocks and CFDs.
Some users are interested in how to buy Tesla stock at Sberbank or another Russian broker. These platforms are fairly easy to access, and an additional plus is the existence of a license from the Central Bank of Russia. However, there are also disadvantages, including high transaction fees, a small number of analytical tools, and more.
Is it worth investing in TSLA stock?
The relevance of investing in the securities of this American corporation is not in doubt. Therefore, investors here are more likely to wonder where to buy Tesla shares, rather than whether it is worth it at all.
Of course, no one is 100% sure about the growth of these assets. However, there are several good reasons to make such an investment. The company continues to grow, innovate, and offer in-demand technology. Tesla is developing a promising direction - the creation of electric cars.
However, any investment comes with risks, and TSLA shares are no exception in this regard. The company's management is making smart decisions. However, some of them may raise questions (e.g., investing in cryptocurrency).
Among the reasons for investing in Tesla assets are:
The company's leadership in the electric vehicle segment;
concern for the environment;
the great growth in quotations over the last few years.
Electric cars are hugely popular these days. Tesla is considered the world leader in this industry. The products are in great demand, which positively affects the financial condition of the corporation.
Electric cars fit very well into the environmental context of the modern world. There is now a lot of attention being paid to this area. The ecological niche is supported by the U.S. authorities in every way possible.
Companies that make environmentally friendly products can count on favorable treatment. Technology that does not harm the environment is perceived positively by modern society.
Another argument in favor of buying is the history of quotes. Tesla stock began selling in 2010. At the same time, only ordinary shares of the company were issued, no preferred shares were provided.
At first, the value of the securities was at $3. In 2013, quotes rose to $30, in 2021 - exceeded the mark of $1 thousand. Now these securities are trading around $876.
What does the future hold for Tesla stock?
In 2021, the stock rose in price from $793 to $936. At the same time, the historical maximum was recorded in November and amounted to $1243. In 2022, Tesla securities are trading cheaper. The $1,000 figure was only surpassed in January, March and April. This year's high (as of August 23) is $1208 (recorded in January).
The stock is projected to rise to $1058-$1090 in the final months, but then fall back to $803-$828. In 2023, the first 6 months will pass under the sign of falling quotes (to about $596), followed by another rise in the 2nd half of the year (shares will rise to $1015 - $1154).
In 2024 the stock may rise to $1,515-$1,855. There are also more optimistic forecasts, where TSLA shares will rise to $300 by 2025. It remains to be seen what the real picture will turn out to be.
Tesla was founded in 2003. The company is mainly engaged in the development and manufacture of electric cars. Moreover, it is the undisputed leader in this industry, being far ahead of the rest.
The manufacturer offers electric cars that use the latest technology. Moreover, the model range of this company is expanding. However, Tesla is not going to stop there and intends to produce improved models in the future.
In addition to creating electric cars, the company is working in the following areas:
batteries that store energy used by utilities;
Modern heating, ventilation and air conditioning systems;
Electric charging stations.
Tesla is showing an excellent financial performance. Suffice it to compare the report for the second quarter of 2022 with the same period of 2021, which is also considered a success.
Revenue was $16.934 billion and net income was $2.62 billion . Earnings per share were $2.27 . The number of delivered electric cars is more than 254 thousand units. In the previous year, these figures were at $11.958 billion, $1.616 billion, $1.45 and 241 thousand cars.
So the company continues to actively develop. There are good prerequisites for the growth of quotations. However, to make a decision about investing in Tesla, one should analyze the prospects and risks.
Perspectives on investing in Tesla stock
Most experts agree that Tesla securities are a promising asset to invest in. Although the quotes may fall in price, they are likely to rise in the medium to long term.
There are 3 important factors for this:
The demand for the direction itself;
absence of competition;
support from the government.
Tesla operates in an actively developing segment. Electric cars, eco-friendly technologies - all these things are in great demand. Many people are beginning to dream of buying such a vehicle.
Given the environmental vector of modern society, we can assume that Tesla products will be in demand for many years to come. Therefore, investments in the company should bring a good return.
In fact, Tesla has no serious competitors. It is the clear leader in the electric car industry. Although some manufacturers also produce such vehicles, no one can challenge Ilon Musk's company.
The company is at the origins of the market and is likely to continue to dominate in the future. So investors should not be afraid of falling during the impressive development of the industry.
The United States government agencies provide all kinds of support to Tesla. This is expressed in tax incentives, providing subsidies for development. So the development of this giant is taking place under favorable conditions.
Risks and Concerns
Now we know how to buy Tesla stock and how much it is worth now. However, it remains a mystery to us what their future value will be. Is a scenario possible in which the assets go down?
Conservative investors are not willing to turn a blind eye to some nuances:
Tesla stock does not pay a dividend;
the company had no earnings until 2021;
the company has invested $1.5 billion in bitcoins.
If you don't expect dividends from the stock, the lack of such payments wouldn't be a problem. However, some investors suspect that Tesla stock is a bubble that will burst someday.
For a long time the company did not reach net profit. When it did, the stock soared in value. Hence the concern that the moment to invest in Tesla securities was already missed.
Elon Musk made the controversial decision to invest a huge amount in bitcoins. On the one hand, cryptocurrency is the future, and the head of Tesla decided to make a promising investment. On the other hand, there is a danger that bitcoin will become cheaper and the corporation will lose a lot of money.
Are the above risks and concerns a reason for not investing in Tesla? Of course not. But these are serious points that an investor needs to take into account.
A balanced approach
When deciding to buy shares of this American company, you need to weigh the pros and cons. TSLA securities are risky assets. However, such an investment can turn out to be a high return for you.
If you're not risk-averse, however, it may be best to consider something else. If this level of risk is acceptable to you, however, you must be prepared for a variety of scenarios. Once you have made the decision to invest, you need to be serious about choosing a strategy.
We recommend that you pay attention to the following:
Reviewing graphs and statistics from past periods;
studying analytical materials;
following news related to Tesla and Ilon Musk.
All of this will help you approach investing in stocks in a more prudent and balanced way. It is crucial to choose the right time to make a deal, because so much depends on it.
In general, the question of buying Tesla stock in Russia is still relevant. Competent trading will bring you a lot of income, but it will require the successful implementation of the chosen strategy.
Q: Why buy Tesla stock?
A: This is one of the most profitable assets of those that are present on the stock market today. Of course, investing in these stocks has a certain risk. You don't know 100% that the value of the assets will rise. However, Tesla securities are considered very promising. They can bring you very good money.
Q: Does Tesla pay dividends on its stock?
A: No, there are no such payments. Tesla stock is not a dividend stock. However, you can earn money by trading these securities. Your income will be derived from the rate differential.
Q: Which is better: regular stock purchases or the CFD option?
A: Both strategies have their strengths, so much depends on the personal preferences of the trader. With a regular stock purchase, you become the owner of the security and can sell it at any time. When you buy a CFD you are not buying a stock but a CFD. But in this case, you can make money even if the Tesla quotations go down.
Q: Why are Tesla stocks considered promising?
A: This is due to the credibility of the company itself. Tesla produces electric cars, which are in high demand. The company has excellent financial indicators. Another plus is the competent management. As a result, many investors are investing in Tesla stock.