How to Buy Tesla Stock
Tesla Inc
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.
Tesla stock last closed at $406.58, down 1.41% from the previous day, and has increased 95.63% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 1.75 percentage points. Tesla stock is currently +192.92% from its 52-week low of $138.80, and -16.78% from its 52-week high of $488.54.
As of Jan 24, 2025, there are 3.21B TSLA shares outstanding. The market cap of TSLA is $1.31T. In the last 24 hours, 55.84M TSLA shares were traded.
How to Buy Tesla Stock
Not sure how to invest in Tesla stock? Here's how.
- Decide where to buy Tesla stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Tesla stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your info.
- Research Tesla stock: The Tesla ticker symbol is TSLA. Is Tesla stock a good investment? Should you buy shares of TSLA? How do TSLA's underlying business fundamentals look? Do top analysts think Tesla is a good buy? Why has TSLA's stock price moved recently? (Hint: Our stock research website can help you understand if TSLA is a good stock to buy).
- Execute your TSLA trade: Decide if you will purchase TSLA shares at the current market price or use a limit order to purchase TSLA shares at a specific price.
- Track your investment in TSLA: Create a watchlist to keep track of your position in Tesla shares.
Step 1: Decide where to buy Tesla stock
You will need an online brokerage account in order to access the NASDAQ market and buy TSLA shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Healthcare, New York to Shanghai — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy TSLA today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on our top ranked stock market app, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing money into your new brokerage account.
Step 4: Research Tesla stock
Once you have identified the best place to buy Tesla stock, it's critical to research their stock prior to investing, so you can understand the risk as well as the opportunity.
Overview of key TSLA info
TSLA Due Diligence Score
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on TSLA's stock page.
Is TSLA stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TSLA's true value.
Using relative valuations methods:
- TSLA may be overvalued based on its P/E ratio of 101.39x, relative to Auto Manufacturers industry P/E ratio of 73.06x
- TSLA may be overvalued based on its P/B ratio of 18.66x, relative to Auto Manufacturers industry P/B ratio of 3.18x
You can access additional valuation research on TSLA's stock here.
TSLA Financial Health Summary
Positive Health Checks:
- TSLA profit margin has gone up from 11.2% to 13.1% in the past year.
- There are more short-term assets than long-term liabilities on the TSLA balance sheet.
- There are more short-term assets than short-term liabilities on the TSLA balance sheet.
- TSLA earnings of $8.67B is not sufficient to cover its interest payments.
- TSLA's operating cash flow of $14.48B allows it to safely service it's debt of $7.70B.
- Total TSLA debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- TSLA has a relatively high debt to equity ratio of 0.7.
Is Tesla stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 27 Equities analysts who track TSLA, the consensus analyst rating on TSLA is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest TSLA Analyst Upgrades/Downgrades
Stephen Gengaro, a top 16% analyst from Stifel Nicolaus maintains TSLA with a strong buy rating and raises their TSLA price target from $411.00 to $492.00, on Jan 6, 2025.
Stifel Nicolaus's Stephen Gengaro raised their price target on Tesla (NASDAQ: TSLA) by 19.7% from $411 to $492 on 2025/01/06. The analyst maintained their Strong Buy rating on the stock.
Gengaro said they raised their price target on Tesla because Stifel Nicolaus believes the cancellation of the $7,500 vehicle tax credit is a relative plus for Tesla.
Further, the analyst told readers that their firm has listed Tesla as one of its favorite names in the Energy Services and Equipment sector.
Chris McNally, a bottom 3% analyst from Evercore ISI Group maintains TSLA with a hold rating and raises their TSLA price target from $195.00 to $275.00, on Jan 3, 2025.
William Stein, a top 1% analyst from Truist Securities maintains TSLA with a hold rating and lowers their TSLA price target from $360.00 to $351.00, on Jan 3, 2025.
Gordon Johnson, a top 18% analyst from GLJ Research reiterates TSLA with a strong sell rating and maintains their TSLA price target from $24.86 to $24.86, on Jan 3, 2025.
George Gianarikas, a top 21% analyst from Canaccord Genuity maintains TSLA with a strong buy rating and raises their TSLA price target from $298.00 to $400.00, on Jan 3, 2025.
You can dive deeper into what analysts are saying on the Tesla stock forecast page.
TSLA Momentum
TSLA Growth Metrics
Last year, TSLA earnings were $12.70B. In the past 4 year, TSLA's earnings have increased by 113.5% per year. This was faster than the Auto Manufacturers industry average of 81.8%.
Last year, TSLA revenue was $97.15B. In the last five year, TSLA's revenue has increased by 31.81% per year. This was slower than the Auto Manufacturers industry average of 39.69%.
Learn more about TSLA's earnings and revenue performance here.
What are TSLA executives and large shareholders up to?
Over the past year, executives and large shareholders at TSLA have bought more shares than they have sold.
Vaibhav Taneja, Chief Financial Officer of TSLA, was the latest TSLA insider to buy. They bought $127,540.00 worth of TSLA stock on Jan 6, 2025.
Research more about who owns TSLA shares here.
Does TSLA provide a stable income stream?
No, Tesla doesn't provide an income stream by paying out dividends.
What others are saying about TSLA
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your TSLA trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and your broker will execute the order.
If you want additional info about buying stocks on eToro, click the helpful video below:
Step 6: Track your investment in TSLA
Now that you own some TSLA stock, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to monitor your TSLA stock.
TSLA Feed
How to Buy Stock in Tesla
To summarize, here are the 6 steps for buying Tesla stock:
- Decide where to buy Tesla stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Tesla stock
- Execute your TSLA trade
- Track your investment in TSLA
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your investment in Tesla, hit the button below to create your watchlist.
Trending Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.