How To Buy Tesla Shares In South Africa

Tesla Inc (TSLA) is a leading auto manufacturers business based in the US. It opened the day at USD$723.71 after a previous close of USD$722.25. During the day the price has varied from a low of USD$714.54 to a high of USD$729.9. The latest price was USD$717.17 (25 minute delay). Tesla is listed on the NASDAQ and employs 70,757 staff. All prices are listed in US Dollars.

How to buy shares in Tesla from South Africa

Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings, and investment tools to track your portfolio. Narrow down top brands with our comparison table.

Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.

Search for Tesla Finds the stock by name or ticker symbol: TSLA. Research its history to confirm it’s a solid investment against your financial goals.

Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tesla reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.

Decide on how many to buy. At last close price of USD$599.05, weigh your budget against a diversified portfolio that can minimize risk through the market’s ups and downs. You may be able to buy a fractional share of Tesla, depending on your broker.

Check-in on your investment. Congratulations, you own a part of Tesla. Optimize your portfolio by tracking how your stock — and even the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Is a Tesla a Good investment?

Buying a few fractions of a share of Tesla is only part of a good investment strategy. While it’s possible Tesla stock could repeat its performance of 2020, it’s also capable of producing returns like it’s seen in 2021.