How to start trading Tesla (TSLA) stocks with Capital.com?
To start trading Tesla (TSLA) stocks with Capital.com, Open Capital.com CFD Account and log in to the Capital.com Official Website.
Then you need to make a deposit to your account before starting trading Tesla (TSLA) stocks.
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What is Tesla?
Tesla is an innovative automobile and energy company founded in 2003, carrying the mission of promoting the global sustainable energy transition.
In order to achieve a zero-emissions future, the company focuses on electric vehicle manufacturing and has made extraordinary achievements in proving that electric vehicles are better and faster than traditional gasoline vehicles.
In addition to electric vehicles, Tesla is also engaged in the manufacture of clean energy power generation and storage products.
Headquartered in Palo Alto, California, Tesla has several production and assembly plants, including Gigafactory 1 in Reno, Nevada, and the Tesla factory in Fremont, California.
As of June 2018, Tesla’s online products include: Model X, Model S and Model 3 cars, Powerpack and Powerwall batteries, solar roof tiles, solar panels and related products.
Tesla (TSLA) trading hours
Tesla (TSLA) is listed and traded on the Nasdaq Stock Exchange, and the trading hours are as follows (EST):
Pre-market trading: 4:00-9:30
Trading time: 9:30-16:00
After-hours trading: 16:00-20:00
If you choose to trade CFDs, you can view real-time Tesla (TSLA) stock prices and TSLA/USD trading charts on the Capital.com trading platform.
The trading hours are:
Monday to Friday: 14:30-21:00
How to trade Tesla (TSLA) CFDs?
There are two ways for individual traders (retail investors) to participate in stock market transactions. The first is to purchase company stocks directly on the exchange where the stock is listed. For example, you can buy Tesla (TSLA) stock on the Nasdaq exchange, and the purchase means that you actually own the company’s equity. This is a long-term investment, because investors usually hold positions for a long time and wait for the stock price to rise. </p>
Another trading method is to use CFDs to trade stocks, speculating on price differences without actually owning them. A contract for difference is a financial instrument. It is an agreement between a broker and an investor. One party agrees to pay the other party the difference between the opening and closing positions of an asset when the agreement expires. You can choose to take a long position (speculate that the price will rise) or short (speculate that the price will fall). This is a short-term investment or transaction, because CFDs are an alternative to stock trading and usually hold positions for a short period of time.
The biggest difference between long positions (contracts for difference trading) and direct purchases of securities (listed exchanges) is the leverage used. CFDs are margin trading, which means that traders can use limited funds to open larger positions.
Tesla company history
Tesla was founded in July 2003 by two engineers Martin Eberhard and Marc Terpenning. The company is named after the famous physicist Nikola Tesla. Other co-founders include Jan Wright, JB Straubel and Elon Musk.
In 2006, Elon Musk released the “Tesla Top Secret Master Plan” and announced that Tesla’s goal is to accelerate the popularization of the solar power economy.
In 2008, Tesla launched the Roadster, and Tesla’s cutting-edge battery technology appeared. In 2009, Tesla launched the Model S, the world’s first premium all-electric car that combines efficiency and safety.
In 2008, Tesla was on the verge of bankruptcy, but fortunately, it finally managed to get through the difficulties.
On June 29, 2010, Tesla launched an initial public offering (IPO), selling 13.3 million shares at a price of $17 per share, raising a total of $226.1 million.
On October 9, 2014, Elon Musk launched the Tesla semi-autonomous driving system, named Autopilot.
In order to create a complete sustainable ecosystem, on April 30, 2015, Tesla introduced large-scale rechargeable commercial batteries for residential buildings: Powerwall and Powerpack.
In 2015, Tesla launched the Model X car, which is the fastest and safest sports utility vehicle in history. In 2016, Tesla designed the Model 3, a high-capacity, low-cost electric car. For most users, the Model 3 is more affordable, and production of the car started in 2017.
Tesla (TSLA) is a constituent stock of NASDAQ 100 and Russell 1000.
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What are Tesla’s competitors?
Toyota is one of Tesla’s main competitors. Founded in 1937, Toyota Motor Corporation is Japan’s leading car manufacturer and the world’s second largest car manufacturer.
BMW Group is also one of Tesla’s main competitors. The company was founded in 1916 and mainly produces high-end cars and motorcycles, with brands such as BMW, Mini and Rolls Royce.
Another competitor is Audi. Audi was founded in 1909 and is now a member of the Volkswagen Group. In addition to BMW and Mercedes-Benz, Audi also owns the world’s best-selling high-end car brands.
Other strong competitors of Tesla include General Motors, Porsche, Volkswagen, Ford, Honda, Nissan and Lexus.
What factors affect Tesla’s stock price?
Like all stocks, quarterly financial reports and major stock market conditions are the two key factors that determine the price of Tesla (TSLA). More specific influencing factors are the company’s success and the demand for cars. The current list of appointments to purchase Tesla Model 3 is one of them. Demand for Model S and Model X is also high. But Tesla’s stock price has been severely affected by emerging competitors in the electric vehicle industry.
The risk of investing in Tesla is often higher than that of investing in other auto companies, because its stock price is characterized by high volatility.
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Who is Elon Musk?
Elon Musk is an American businessman with a Ph.D. in physics and materials. He is also a revolutionary entrepreneur and investor. He founded Tesla Motors and Space X cars.
After selling his first company Zip2 for $22 million, Musk became a multi-millionaire in his 20s. Later, he founded the global electronic payment system PayPal, which became another great success in his life.
In 2001, Musk established SpaceX company, mainly research aerospace and space travel. In 2003, Musk became the co-founder of Tesla Motors. In addition, he is the CEO of SolarCity, OpenAI, Hyperloop, Neuralink and The Boring Company.
In 2018, Musk became the 53rd richest person on the Forbes list, with a total net worth of US$20.8 billion.
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Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!