Are you looking to buy Tesla shares in India? If your answer is yes, that means that you’ve reached the right place where you can start learning about how to invest, buy and sell Tesla stocks in India, and anywhere in the world.
The Tesla stock is one of the hottest commodities of the moment, and everybody’s looking to get their hands on some of the company’s shares. This is largely due to the charismatic personality of the company’s CEO, Elon Musk, who manages to create headlines every time he posts something on Twitter.
When it comes to Tesla stocks, they should be on top of your list of investments you should make as soon as possible, because you never know when the company can experience a new stellar rise, like it did in the past few months.
Of course, before we start, always have in mind that investing in the stock market comes with a lot of risks and it is not a sure guarantee that you’ll wind up making a profit. Always invest carefully because you’re playing with real money.
- Tesla Share Price in India
- How to Buy Tesla Shares From India.
- Can I buy Tesla stock in India?
- How has coronavirus impacted Tesla share price?
- Is it a good time to buy Tesla stock?
- Everything you need to know about Tesla stock
Tesla Share Price in India
All investors, beginners or experienced, should take into account that a stock’s price is always on the rise, or on a downfall. Rarely do we get to see stocks stay at the same price for a large period (meaning months and even years).
Before you think about buying your first TSLA shares, be sure to carefully look through the stock’s historical price data.
$644.22 is the latest closing stock price for Tesla (TSLA) as of July 16, 2021
This is still a very good price for a TESLA stock, considering the company’s future plans and potential to grow.
$883.09 is the all-time high (ATH) Tesla (NASDAQ: TSLA) stock closing price which was reached on January 26th, 2021
So the ATH price for a Tesla stock is approximately $240 higher than the stock’s current value.
$900.40 is the Tesla stock’s 52-week highest price, which is 39.8% above the current share price for 1 TSLA stock.
This price refers to the maximum amount reached during 1 trading day, not at the end of it when all stock markets close overnight.
$273.00 is Tesla’s 52-week low stock price, which comes down as 57.6% below the current share price of 1 TSLA
So you’re basically seeing the TESLA stock reaching values of lower than 50% than its current worth.
$586.00 is the average price for TSLA stock during the last 52 weeks
These variations in price for the TSLA stock can easily be explained by the company’s huge burst in popularity over the past 5 years.
All these historical prices have been adjusted for splits so you can get a better comprehension of the stock’s value.
How to Buy Tesla Shares From India.
Before you start going around chasing the Tesla stock price in India, you should focus at first on learning and reading every available online (or even print) resource you can get your hands on. There’s no such thing as being too informed.
This applies when it comes to investing in Tesla stocks even more because we’re not gambling here, we’re trying to invest in securing our financial independence in the future. On the other hand, if you’re looking for a way to make a quick buck, the stock market can be your best friend and your worst enemy.
Let’s check out this step-by-step guide for investing in Tesla stocks so you can make a well-informed decision about where to place your money.
Step 1: Look for a broker that tailors to your needs and has Tesla stocks on its platform
First thing’s first. Start by searching for the right online brokerage company to buy, sell, and trade Tesla stocks.
If you’re new at investing in stocks, you’re going to learn very fast that you will need an intermediary broker where you will be allowed to buy and sell stocks. You can’t simply buy stocks online from the company you are thinking about investing in, and this is why you need to find a brokerage platform that tailors to your needs.
The online brokerage platform you choose has to be available in your country or region for you to be able to make a deposit and start buying, selling, or trading stocks. So if this platform doesn’t offer its services in India, it’s best to search for a new online broker.
Secondly, you need to check if this broker offers NASDAQ stocks or S&P 500 stocks because you will not purchase Tesla shares if they are not available on the platform you have registered to. Be sure to select the best online brokerage company for you before rushing over to see what the Tesla share price in India is currently at. You can get to that in the next steps.
Step 2: You’ve selected your online broker. It’s time to create your account!
Nobody said that buying Tesla stocks is easy, but it’s also not that hard. Buying any stocks online requires a lot of work to be done upfront and getting used to multiple trading platforms, but after that, it only gets easier with time.
Of course, this does not mean that you’ll be free of emotions, excitement, and disappointment whenever the stock market rises or falls and crumbles. That mostly depends on what type of investor you are.
In order to open an account on any respectable online broker’s platform, you’ll need to provide your full details, meaning: name, address, and sometimes even a utility bill as proof of address. These are all normal procedures given the fact that opening an online account to buy and sell stocks is similar to opening a bank account.
Since you’re investing with your real money, these platforms need to be extremely secured and protected against all forms of cyberattacks. This is why verifying their clients (meaning you!) is an essential procedure in online brokerage.
Now that you’ve signed up, let’s go to the next step, shall we?
Step 3: Make your first deposit and start buying Tesla shares online
We’ve finally reached that step where you become an official investor on the stock market, in this case, an official Tesla investor. Sounds pretty exciting, doesn’t it? Just imagine, you, owning shares in Tesla and becoming a millionaire in a couple of years. Sure. This is everybody’s dream, but remember, stocks are not 100% sure investments, as no investments are.
Nobody says that you’re not going to get rich with stocks, but that’s certainly not a guarantee. You can easily lose money, just as easily as you can make it. That’s the beauty of the stock market. That’s the magic of investing in stocks.
Most online brokers will allow you to deposit money into your new brokerage account via direct bank transfer, credit or debit cards (mainly Mastercard, VISA, VISA Electron, Maestro, Discovery, American Express and many more), and via e-wallets such as Trustly and Skrill, or through payment providers like PayPal, or Payoneer. There’s no shortage of online payment methods to choose from, so you can easily find the one that works best for you.
Always consider the commissions you’ll be charged because you’re in the stock market to make a profit and buy and sell stocks, not paying high commissions every time you make a deposit or a withdrawal.
After you’ve made your first deposit and got verified by your online broker, you can start looking up stocks, especially Tesla, since that’s the one you want to invest in the most. After seeing the list of supplies, check to see the Tesla India share price, and if you think you’re getting a good deal, go for it.
But we’ll get more into what makes a good or a bad price in the rows to follow.
Step 4: You finally get to buy Tesla shares!
So, you’ve completed the first three steps needed to get here. Now you have an outstanding online brokerage account that has already been verified, and your first deposit has been approved. All you need to do now is to finally add some stocks to your portfolio, which will turn you into an investor. A beginner, of course, but still an investor nonetheless.
Before buying your first Tesla shares, you need to check out the Tesla stock price in India. The cost of a stock will be the same anywhere in the world, but what you pay for it may differ based on the commissions charged by your online broker.
Some brokers only charge you a monthly subscription fee, others only charge you when buying a stock, others when selling a stock, and some greedy online brokers will charge you all the time. However, it’s not about how many times you are being charged; it’s about the percentages you are paying every time.
Those are the things you should pay attention to.
After you have selected the Tesla stock from the list of stocks provided by your broker, be sure to look at the historical prices for the share because you never want to buy something when it is at its all-time high. Consider buying stocks only when the price plus commissions you are being charged is right for you.
Never invest more money than you are comfortable with because you never know how the stock market can go: up or down. Remember, you’re investing with your own real money, and you don’t want to lose it now, do you?
Step 5: Regularly review your Tesla shares position to stay on the safe side
Even if you’re that type of risk-taking investor, it’s still a pretty good idea to check your Tesla shares constantly to see where the prices are at the moment. You could wind up buying some more or even selling if you think that the profit you’ve made is enough for you.
Staying well-informed and tuned-in to the stock market is a vital component of any successful investor’s habits. Depending on the amounts you are investing in tesla (or any other stocks, for that matter), you should decide on the amount of time you are willing to spend researching the stock market.
A well-informed investor (no matter the amounts invested) has better chances to make a profit or avoid any severe losses than one who casually checks the stock market every once in a while.
This is why we would advise you to check your portfolio at least once or twice a week or set up alerts on your smartphone so you’ll be kept in the loop whenever the price goes up or goes under certain thresholds you have laid out for yourself.
So, you have your Tesla share, shares, or small percentages of a share. What’s next, you ask? Keep reading and we’ll tell you what other things any starting investor should consider from now on until the day they decide to retire.
Can I buy Tesla stock in India?
The short answer for this question is YES! Sure you can. Tesla shares are available on most online brokerage platforms, and you simply have to find the right brokers that tailor to your needs. If the broker you currently signed up for doesn’t offer you the possibility to invest in US stocks, you can simply change brokers.
TSLA shares are traded daily on NASDAQ and S&P 500, which means that it’s one of the most powerful companies in the world today. Not like that comes as news to you, but you should know that whenever a stock is listed here, that means that the company is extremely big and economically viable.
Being in the S & P 500 list means that TESLA is among the top 500 companies in the world, which makes it extremely attractive to investors worldwide. TSLA has gained massive visibility through its innovative products, such as self-driving cars and revolutionary products.
Elon Musk, the company’s CEO, is the voice of Tesla, and whenever he posts something online, you will immediately see his words having an impact on the stock market. The things he says can make stocks go up and down, and they also have a huge impact on the cryptocurrency world. That’s the power of words, that’s the power of social media.
Since most investors are what financial experts call “emotional investors”, that means that whenever something pops up online about Tesla, they will react. They will either sell, or buy, which will make the price go up, or down.
How has coronavirus impacted Tesla share price?
Most successful companies have managed to figure out a way to stay profitable and increase their revenues even during the COVID-19 pandemic. Although many other companies have struggled to stay in business and countless others went bankrupt, that’s certainly not the case for TESLA.
During 2020, Tesla’s stock increase by over 8x
In 2020, straight in the middle of the coronavirus pandemic lockdowns and severe restrictions, TSLA grew by a whopping 8 times in share value.
Tesla’s stock went from $90 at the beginning of the year all the way up to $700
This just shows the impressive potential that a company like Tesla has that can reach record high numbers even during tough economic times.
Tesla’s huge rise in stock price is also due to the company’s latest announcements and releases. After entering the Compact SUV market with their new Tesla Model Y in early 2020, Elon Musk says that it expects their sales numbers to skyrocket, making this latest electric car their most popular edition yet.
Just imagine the profits investors have made if they bought Tesla shares at the end of 2019 and held onto them all the way through the COVID-19 pandemic? This is what the stock market is all about. It can turn risk-takers into millionaires, and it can turn millions into penniless investors in just a few months.
Is it a good time to buy Tesla stock?
Whenever you’re looking up whether or not it’s a good time to buy Tesla stocks, the answer is almost always yes. You know why? Because you can never time the stock market, and you should always invest money when you have available funds at hand.
This is why you should check out the Tesla PE ratio before investing. But first, what’s a PE Ratio?
The PE stands for Price-to-Earnings and it refers to how performing stock can be in the long run. For example, the price to earnings ratio is calculated based on the latest stock price divided by the most recent earnings per share made (the EPS number, as it is called).
As of July 6th 2021, the Tesla share PE ratio is $678.90.
The PE ratio allows you to tell if the Tesla stock is currently underpriced or overpriced, helping you make a better informed decision on whether to buy or sell.
However, remember that the PE ratio is simply an informative number and it’s not meant to predict the future rise or fall of a stock.
Everything you need to know about Tesla stock
First and foremost, whenever you’ll be searching the Tesla stocks online, you’ll quickly see them listed as TSLA. That’s the abbreviation used on the stock market for Tesla, the company founded by Elon Musk.
There are two types of stocks you can invest in, and those two types are dividend stocks and non-dividend paying stocks. It all depends on the type of investments you are thinking about making.
Let’s cover these two stocks point by point. TSLA is a non-dividend-paying stock, meaning that if you buy a TESLA share, that means that you’ll not be receiving anything in return on a monthly, quarterly, or yearly basis.
With non-dividend paying stocks, you only gain money when they go up in value. However, these stocks are more likely to skyrocket and reach all-time highs after all-time highs than your other traditional dividend-paying stocks.
With dividend stocks, you have the main advantage of receiving a small percentage of your investment back, every other quarter or 6 months. You’ll be getting anywhere from 0.01%, and all the way up to 20% (which is extremely high) in return, which serves as a passive income.
You can choose to reinvest it by buying more stocks, or cash it out and use it to spend on whatever you please. Always keep in mind that some of the high percentage dividend-paying stocks are usually the ones that come with higher risks. So the higher the dividend yield, the higher the risk.
It all depends on your know-how and the type of investor you consider yourself to be.
We live in a time and age where technology is taking over the world as we know it. With such a rapid takeover, a lot of new opportunities arise at any given moment and guess what, the stock market is one of them.
Investing in stocks, shares, ETFs and NFTs could be your ticket for a successful financial future, but it could also mean the decline of your total savings if the investments you make turn out to be worthless in the long run.
This is why we urge anyone who is looking to buy Tesla shares in India and abroad to carefully pay attention to what they’re signing up for. Investing in the stock market is not for the weak of heart and should be considered as a plan for the next 5 to 10 years, not for the near future.
So, besides the Tesla shares, what other companies are you interested in investing in? What other brands do you think to make for a profitable investment in the future? What are your stock market predictions?