How to Buy Tesla Stock

Tesla is a US consumer cyclical company traded on the NASDAQ stock exchange under the TSLA ticker. It is the most famous manufacturer of electric vehicles and also an energy company. If you’d like to buy Tesla stocks, you will need to find a broker that gives you access to the NASDAQ.

How to buy Tesla Stock

Steps of buying Tesla shares

  1. Find a good online stock broker, here are the best stock brokers picked by our experts
  2. Open your brokerage account, contact us if you get stuck
  3. Deposit money to your account
  4. Log in to the trading platform
  5. Buy the Tesla shares by placing a market or a limit order
  6. Review your Tesla position regularly
How to buy Tesla Stock

Best 5 brokers for buying Tesla shares

Interactive Brokers Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC. Visit broker
Alpaca Trading Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA: Visit broker
TradeStation Global TradeStation Global is an introducing broker of Interactive Brokers. This practically means that assets and cash are held with Interactive Brokers, but services like fees and customer support are provided by TradeStation Global. TradeStation Global is regulated by the top-tier UK FCA. Visit broker
Zacks Trade Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash). Visit broker
Saxo Bank Saxo Bank is a Danish investment bank. It is regulated by several financial authorities globally, including the top-tier UK FCA. Visit broker
How to buy Tesla Stock

What is the best way to buy Tesla stock?

Opening a trading account with low or zero fees at a safe online brokerage (e.g. Interactive Brokers) is the best way to buy Tesla stock. If you are looking to invest a smaller dollar amount, consider buying fractional shares of Tesla.

How to buy Tesla Stock

How much does it cost to buy 1 share of Tesla?

As of early July 2022, the share price of Tesla was $680/share and the share price moved in a range of $620.46-$1,243.49 over the last year. Your online broker will provide current price information on Tesla stock.

How to buy Tesla Stock

How do I start investing in Tesla?

To start investing in Tesla, you should open a trading account at a broker and buy at least 1 share of the company. At some providers (such as Interactive Brokers or Robinhood), you may also invest in fractional shares. We recommend using the best stock brokers only.

How to buy Tesla Stock

Can I buy Tesla stock directly from Tesla?

No, you can’t buy stock directly from Tesla at this time. To purchase shares, you will need to go through a broker. If you do not have a brokerage account, you will need to open one. We recommend Interactive Brokers for its great overall score.

How to buy Tesla Stock

Can I buy just 1 share of TSLA stock?

Yes, you can buy just 1 share of Tesla stock. At some brokers, you can even buy less than one Tesla stock by investing in fractional shares.

How to buy Tesla Stock

What is the minimum number of Tesla shares I can buy?

The minimum number of Tesla shares you can buy depends on your online brokerage. At some brokers, you can buy Tesla fractional shares for as little as $1. As of early July 2022, a full Tesla share cost $680.

How to buy Tesla Stock

Does Tesla pay dividends?

No, Tesla (TSLA) does not pay dividends.

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