Buy Tesla Shares

How COVID-19 has impacted Tesla and measures they’ve taken as a business to combat it. Read on below.

Tesla Shares

Our aim is to help you buy Tesla shares armed with as much research and information as possible.

Below we’ve aggregated up to date information on Tesla including a detailed coronavirus section, full company information and live share prices and trend graphs. We’ve also added a step by step guide showing you exactly how to buy Tesla shares.

About Tesla

As if Tesla needs any introduction. Tesla is in both the automobile and clean energy industries with grand designs to revolutionise both.

Founded in 2003, Tesla now boasts over 48,000 employees and is arguably one of the most innovative publicly traded companies on the planet right now. In 2020, their share price has been heading in the right direction for the most part, as you can see in the graph below showing’s Tesla’s share performance.

While Elon Musk isn’t the owner, he is the largest shareholder with 21.7% of the company.

How Coronavirus has impacted Tesla's share price

Coronavirus (COVID-19) has had an impact on every business in the world in some way, shape or form and Tesla is no different.

Here’s a timeline of how Tesla has been impacted and how they have contributed to the Coronavirus efforts globally.

January 15th

Chinese officials ensure that Tesla receives 10,000 face masks, cases of disinfectant and other materials to ensure that their factory near Shanghai could re-open and begin production again as soon as possible.

March 12th

Wall Street analysts predict Tesla’s first quarter sales will come in well under pre-Coronavirus predictions and expect net losses near $4 million.

March 27th

Tesla donates “hundreds” of ventilators to New York State to help them cope with the pandemic hitting New York City and the surrounding areas. New York mayor Bill de Blasio publicly thanked Musk on Twitter.

April 2nd

Tesla says it has made over 102,000 vehicles this year due to exceptionally high production capabilities from their Shanghai factory.

April 14th

Dan Levy of Credit Suisse upgrades Tesla’s credit rating to ‘Neutral’ due to their stock market performance so far this year – as a result of their early mover heavy investment in electric vehicles.

How to buy Tesla shares

It’s a very simple and straightforward process to getting started and owning a share of Tesla. Our step by step guide below will show you just how easy.

1. Pick a share trading platform.
We’ve provided a selection below to help you choose (many come with an app that you can manage from your phone).

2. Open an account with your chosen trading platform.
As with any account you’l be required to identify yourself with some personal details to make sure you are who you say you are.

3. Add a payment method.
You’ll be securely transferring money to your share trading platform in order to buy the shares, so you’ll need to add a way to pay.

4. Search for the company you want to buy shares in.
Each share trading platform has a simple way to locate the company you’ve identified.

5. Buy the shares.
Make sure you check the share price of the company you’re investing in and how much you’re investing (and ensure you’re happy with both) before you click the ‘buy’ button.

And that’s it, you’re now a shareholder. Congratulations!

Always remember that the value of your investments can go down as well as up. There’s a chance you may end up with less than you begin with. Capital is at risk.

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