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How to start investing in Tesla stocks - Simple online steps for beginners
Trading platform eToro now offers Tesla Motors Inc stocks, providing an opportunity for investors to partake in the advancements of the pioneering electric vehicle and renewable energy company.
eToro offers one of the largest number of CFD instruments through its advanced trading platform.
Now we are excited to announce that you can trade Stocks of Tesla Motors Inc with eToro.
The price feed comes from the US Exchange Market, NASDAQ.
Invest in Tesla stocks with eToro
Tesla Motors Inc: A Pioneer in Electric Vehicle Innovation
Tesla Motors Inc., an iconic American multinational corporation, has carved out an enviable niche in the global electric vehicle industry. Since its inception in 2003, the company, whose namesake is the universally esteemed electrical engineer and physicist Nikola Tesla, has been on a mission to spur the world’s shift towards sustainable energy. Tesla is renowned not just for its high-performance electric cars but also for its continuous strides in renewable energy solutions, making a significant contribution to environmental sustainability.
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The Genesis and Evolution of Tesla
Tesla came into existence on July 1, 2003, a brainchild of Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning. Inspired by the genius of Nikola Tesla, they envisioned a future where electric vehicles would replace traditional gasoline-powered cars, reducing the world’s dependence on fossil fuels. The company, which is currently headquartered in the high-tech city of Austin, Texas, is steered by the visionary leadership of Elon Musk, who serves as the CEO.
The journey of Tesla’s groundbreaking innovation in the electric vehicle market began with the launch of its first vehicle, the Tesla Roadster, in 2006. This was an electric sports car that showcased the company’s commitment to proving that electric vehicles could be both energy-efficient and exhilarating to drive. By 2016, Tesla had extended its model range to include four models, including the highly anticipated “Tesla Model 3.” The Model 3, marketed as a more affordable electric car, has played a pivotal role in making electric vehicles accessible to a wider demographic. As of 2014, Tesla’s workforce has grown significantly, boasting a dedicated team of approximately 6000 employees committed to creating a sustainable future.
Tesla’s Multifaceted Business and Market Segments
Tesla, Inc. operates in two main segments: Automotive and Energy Generation and Storage. Each of these segments embodies a critical aspect of Tesla’s overarching mission of accelerating the advent of sustainable transport and energy.
The Automotive segment is primarily involved in the design, development, manufacture, sale, and lease of high-performance electric vehicles. It also incorporates the sales of automotive regulatory credits, highlighting Tesla’s commitment to meeting environmental standards and encouraging sustainable practices in the automotive industry.
Contrarily, the Energy Generation and Storage segment focusses on developing a range of energy solutions that contribute to a sustainable future. This includes the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems. The sale of solar energy system incentives, a part of this segment, further supports the adoption of solar energy, reducing the reliance on non-renewable energy sources.
Invest in Tesla stocks with eToro
How to start investing in Tesla Stocks?
Tesla’s shares are publicly traded on the NASDAQ stock exchange, under the ticker symbol “TSLA.” For investors who believe in Tesla’s vision and want to capitalize on the growing electric vehicle and renewable energy markets, here are a few steps to consider:
- Determining the Investment Amount: Before buying Tesla stock, decide how much you are willing to invest. It is crucial to understand the risks associated with investing in the stock market, and hence, one should only invest money that they can afford to lose.
- Opening an Account: To start investing, you need to open an account on a reliable trading platform. This involves navigating to the ‘Open Account’ page on your chosen platform and providing the necessary details to set up your account.
- Buying Tesla Stock: After opening and funding your account, you are ready to start trading. You can buy and sell Tesla share CFDs (Contracts for Difference) using advanced trading platforms.
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The Advantages of Trading Stock CFDs
Trading stock CFDs presents investors with a myriad of benefits over traditional stock trading. This includes the ability to trade with relatively small amounts of capital, thus providing a cost-effective entry point for new traders. Moreover, stock CFDs offer leverage, which is a tool that can amplify potential profits, although it should be noted that it can also magnify losses.
A wide range of trading platforms now offer access to stock CFDs from several global exchanges. These exchanges include Japanese stocks from the Tokyo Stock Exchange (TSE), Chinese stocks from the Hong Kong Stock Exchange (HKEx), German stocks from Xetra (Deutsche Boerse), British Stocks from the London Stock Exchange (LSE), US stocks from NYSE and NASDAQ, Australian Stocks from the Australian Securities Exchange (ASX), and Canadian stocks from the Toronto Stock Exchange (TSX).
In conclusion, Tesla Inc. represents a compelling investment opportunity for those interested in the electric vehicle industry and renewable energy sectors. As Tesla continues to innovate and disrupt traditional transportation and energy markets, its influence on the global economy and environmental sustainability is poised to grow.