How to Buy Tesla Stocks for Beginners
In this article, we will take a step-by-step look at how to buy Tesla shares easily. Many investors are interested in Tesla for its ability to innovate and for its vision of the modern future.
Tesla is a company focused on the future and new technologies, especially in the field of electric cars. But the company has diversified in recent years, also turning to solar panels and solar tiles.
To acquire Tesla shares, you will need to proceed in several steps:
How to buy Tesla shares
1- Find a recognized and reliable trading platform
The first thing to do is to look for a viable trading platform and adapted to your needs. To simplify things for you and save you hours of research, we have made a selection of the 10 best sites to invest in the stock market easily.
2- Choose the solution that best suits your needs to buy Tesla shares
The second step is to choose the platform on which you want to buy shares. You will find a large number of sites where you can buy tesla shares. You will need to determine the trading platform that best suits your needs. If you are beginner, the eToro site is undoubtedly one of the easiest to use online trading platforms.
3- Where to buy Tesla shares
There are several ways to buy Tesla shares. The easiest way is to go through a online trading platform. It is possible to buy shares easily and quickly by credit card or by bank transfer. Here we present three trading platforms for buy Tesla shares easily by credit card or wire transfer :
Libertex is one of the most popular platforms for traders
Carry out trades easily and independently
Deposits by credit card, wire transfer and other electronic payments
Warning: investing your money in the stock market is risky
eToro is one of the most popular sites for investing in stocks
Easy to use platform for beginners
Deposits by credit card, wire transfer and even Paypal
BDSwiss is one of the most popular platforms in Europe
Easily buy and sell stocks
Deposits by credit card, wire transfer and other deposit options
4- Create your account to buy Tesla shares
After you have chosen the site to buy shares adapted to your needs, you will need to create your account. To register, all you need to do is provide your basic information (name, e-mail and telephone number). Then, you will need to complete your profile to validate your account. Once this step has been completed, you will be able to make a deposit by credit card, bank transfer or via PayPal.
5- Buy Tesla shares
The last step will therefore be to buy Tesla shares. To do this, you will need to do a search on the actions offered on the platform you have chosen by entering the name ” You’re here “ or the symbol “TSLA”. When you are on the page, you will have access to the live Tesla share price.
You will then be able to choose whether or not to buy the TSLA share or to place a buy order at a lower price if you believe that the share price will go down. Everything will depend on the strategy you are going to adopt and your trading plan if you are into trading. You will also need to determine the quantity you wish to purchase. As of this writing, the Tesla share price is trading around $ 400.
What is Tesla?
The Tesla company, formerly known as Tesla Motors is a company specializing in electric vehicles and in renewable energies. This company chose to carry the Tesla name to honor the remarkable work of the famous inventor Nikola Tesla. The main activity of the company is the manufacture of electric vehicles and, most recently, the production of solar panels and solar tiles.
How to buy Tesla shares with eToro
eToro is one of the most popular platforms for buying stocks. It indeed offers the possibility of trading stocks, as well as commodities such as gold, but also ETFs, cryptocurrencies such as Bitcoin and much more. In this tutorial, you will learn step by step how to buy Tesla shares with eToro.
Warning : 67% of CFD accounts of retail traders lose money with this platform
1- Register on eToro
To start this eToro tutorial, you will need to register on the eToro website. You will need to enter your name, first name, e-mail, phone number and choose a password. You will receive an email confirming your registration on eToro.
2- Complete your eToro profile
You will then need to complete your profile before you can make your first deposit. This step is mandatory to establish an investor profile, in accordance with the regulations. You will need to complete your profile in its entirety if you do not wish to have a deposit limit.
3- Credit your eToro account
After completing your profile, all you have to do is click on the blue button “Deposit funds” located in the lower left column. Then choose the amount you want to deposit and the desired payment method.
4- Buy Tesla shares
To do this, simply enter “Tesla” or “TSLA” in the search bar at the top of the page and click on it.
You will have access to the latest information, statistics and graphics. To buy Tesla shares, simply click on the “Invest” button at the top right.
On this page you can establish the transaction amount and place your buy order.
eToro is a multi-asset platform offering both equity and crypto-asset investments, as well as asset trading in the form of CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing funds quickly due to their leverage. 67% of retail trader accounts lose funds when trading CFDs with this provider. You should ask yourself if you fully understand how CFDs work and if you can afford to take the significant risk of losing your money.
The content in question is provided for informational purposes only and should not be construed as investment advice. Past performance is no guarantee of future results.
Cryptoassets are volatile instruments that can fluctuate considerably in a very short period of time and therefore are not suitable for all investors. Other than through CFDs, crypto asset trading is not regulated by any EU regulatory framework and therefore is not supervised.
About Elon Musk
Elon Musk is one of the most famous entrepreneurs of our generation. He is one of the most renowned inventors, with several patents to his credit. Indeed, Elon Musk founded the company SpaceX, specializing in the manufacture of aerospace equipment and space transportation.
In 2004, Elon Musk joined the company You’re here of which he will become the CEO. Subsequently, he participated in the launch of SolarCity which offers services in the solar energy sector. He also participated in the creation ofOpenAI, which aims to promote artificial intelligence.
He also founded with his partners the company Neuralink, specializing in the research and development of brain-computer interfaces. At the same time, Elon Musk is developing a new ultra-fast transport system called Hyperloop.
CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 66% of retail investor accounts lose money when trading CFDs. You need to know if you understand how CFDs work and if you can afford to lose your money.
If you liked our guide to buying Tesla shares, also check out our Top 10 best sites to buy Bitcoin!
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