Tesla (TSLA) - All you need to know
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Ways to invest in Tesla
To get started, you will first need to sign up to an online stock broker. These platforms act as middlemen to help you make an investment quickly and easily.
You can use other investing methods too, such as putting your money in a mutual fund or trading exchange-traded funds (ETFs) that hold shares of Tesla. The links below direct you to individual pages which will walk you through different ways you can invest.
What is Tesla?
Tesla is a leading maker of electric cars, and one of the most well-known companies in the world. The California-based automaker also specialises in battery energy storage, which has seen the company attract interest from investors keen on technology stocks. Although founded in 2003, it is in recent years that Tesla has seen most success – as climate change has moved to the front of people’s minds and led consumers to look for more sustainable products.
If you’re a beginner, check out our Stock Markets 101 course to get up to speed on everything that goes into investing in the stock market. To learn more about investing in Tesla shares, keep reading this page.
How to invest in Tesla
Below, you’ll find a rundown of various ways you can invest. Follow the links to our guides on each investing method to learn more so you can make an informed decision.
- Tesla stock brokers. Purchasing Tesla shares through an online broker often takes a minute or less, and typically costs just a few pounds per trade. Look for a broker that offers low transaction fees, an easy-to-use trading platform, and has a storing track record. Our reviews can help you find the right platform.
- Tesla mutual funds. A mutual fund is a form of investment that pools your money with other investors’ capital, increasing overall buying power. The pool of money is placed under the control of a fund manager, who invests in a range of assets (such as Tesla shares) with the aim of generating profits for all the investors in the fund.
- Tesla ETFs. Like a mutual fund, an ETF lets you hold shares of many different stocks at once, limiting your risk by diversifying your investment. The primary advantage of an ETF is flexibility: they can be bought and sold on exchanges at any time- similarly to individual stocks – whereas mutual funds trade only at the open and close of each day.
- Tesla CFDs. A CFD (contract for difference) is a way of trading shares without needing to own them outright. With a CFD you essentially place a bet on whether the price of an asset (e.g. Tesla stock) will rise or fall. Because you don’t take ownership of the underlying asset with CFD trading, you can make fast trades with generally low fees – and also sometimes trade with leverage depending on the broker you use.
- Tesla trusts. An investment trust is a pooled, closed-end investment strategy that’s popular among UK investors. Trusts invest money in companies such as Tesla in an attempt to make a profit, and you can buy shares in each trust through a stock exchange. Investing this way means you’re not investing in Tesla directly, but if the trust holds Tesla stock then it will rise in value if Tesla performs well.
- Tesla ISAs. An ISA (Individual Savings Account) is a savings account for UK residents that can be used to set aside part of your income for investments and allows you to invest without needing to pay tax. You can pay £20,000 into an ISA each year and gradually grow a nest egg for retirement or a big purchase such as a home.
Where can I buy Tesla shares now?
Latest Tesla price analysis
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