Photo by Mariia Shalabaieva on Unsplash
Investing in Tesla
Tesla stock is more accessible to investors and traders than you might think. The process can be as simple as signing up for a mobile app. We’ll discuss what makes Tesla a good buy, different ways you can purchase the stock, how to track your shares, and more. Below, a step-by-step guide to getting started;
Is Tesla A Good Stook To Buy?
As one of the leading innovators in the auto industry, Tesla has generated a lot of press in recent years. It has developed a loyal cult-like following of fans and enthusiasts who believe in the company’s technology and often laud CEO Elon Musk as a visionary, showering him with devotion and admiration. At the same time, the company has many vociferous critics who argue the electric vehicle pioneer could go bankrupt in the years ahead due to its soaring debt and high cash burn.
Before you load up on Tesla shares, there are a few things to consider.
Tesla’s balance sheet, quarterly income statement and sales outlook will provide you with a clear breakdown of the company’s business. If you will like what you see, then you are one step closer to buying Tesla stock.
- How much is a Tesla Market Capitalization?
During January 2020, Tesla shares hit a big milestone, becoming the first $100 billion publicly listed U.S. carmaker in history. After topping the combined market capitalization of Ford (NYSE:F) and General Motors (NYSE:GM), Tesla overtook Volkswagen (OTC:VWAPY) as the second most-valuable carmaker in the world. However, with a market capitalization of around $199 billion, Toyota Motor Corporation (NYSE:TM) of Japan continues to dominate the industry.
- Live Stock Quote for Tesla
As of yesterday’s close, Tesla was valued at $141 billion, based on its current share price of $772. Stock in Tesla has more than quadrupled since hitting a 53-week low of $176.99 in June 2019. Recently, shares have risen 335% since June, driven by positive news regarding the company’s China factory ramping up production, better-than-expected annual car deliveries, and anticipation for the company’s new “Cybertruck.”will
- Tesla Live Qoute And Rates
[stock_market_widget type=”accordion” template=”chart3″ color=”#5679FF” assets=”TSLA” start_expanded=”false” display_currency_symbol=”true” api=”yf” chart_range=”1mo” chart_interval=”1d”]
Where do I go to invest in Tesla?
You will need a brokerage account in order to purchase Tesla stock. Despite appearances, opening an account is a simple process that can be completed in a flash. You should look for a brokerage that has low or no trading commissions, provides you with the resources you need, and has a low account minimum that you can meet. For the first time investor, the emergence of free stock trading apps like Robin Hood and Acorns has greatly simplified the process of buying and selling shares.
Some of the best places to begin are commission-free online brokers like TD Ameritrade, Charles Schwab, Interactive Brokers, and E*Trade. It’s a good idea to put enough money into your account to buy Tesla stock after you’ve created it. After making a stock purchase, all you have to do is check in on its progress via your Forexler.com stock tabs. Whether or not Tesla has a dividend payment structure is unknown.
Calculation Of Tesla Dividends
By definition, a dividend is a distribution made by a company to its shareholders. Consequently, if a company pays a dividend of 50 cents per share per quarter, and you own 100 shares, you will receive a $50 payment every three months. High-growth stocks, such as Tesla, are attractive because investors can anticipate large returns from the company’s rapid expansion. Tesla has previously stated that it will use any future profits to fund the company’s expansion, so it will not be paying cash dividends in the near future. Companies that have been around for a while and have a proven track record of success typically have the best dividend stocks.