Beginner's Guide to Trading Tesla Stocks: Step-by-Step Instructions
Tesla Company Overview
Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. The company operates through Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems, and sale of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.
How To Buy Tesla Stocks & Shares
Step 1: Opening a Brokerage Account
To start trading stocks, the initial step is to acquire a brokerage account. When choosing an online stock brokerage, there are two critical factors to consider: brokerage offerings and a user-friendly platform. Futubull app would be helpful.
Step 2: Deciding how many shares to buy
To gain initial experience, it's wise to paper trade using a stock market simulator. Alternatively, start with a small investment amount.
Step 3: Buying stocks using the right order type
To master stock buying, it's essential to understand three critical order types: market orders, limit orders, and stop orders.
Step 4: Placing the stock order with your brokerage
Tesla's Stock Price Performance
Data as of: Aug 2, 2024
- Last 1 Month: -2.06%
- Last 6 Months: +14.57%
- Last 1 Year: -15.28%
- YTD: -13.36%
Institutional holdings of Tesla stock?
Holder | Shares Held | Shares Held (%) | Change (Shares) | Change (%) |
|---|---|---|---|---|
| The Vanguard | 233,602,120 | 7.31% | 3,795,748 | +0.12% |
| BlackRock | 188,368,567 | 5.90% | 185,134 | +0.01% |
| State Street Global Advisors | 111,828,370 | 3.50% | 2,956,865 | +0.09% |
| Geode Capital Management, LLC | 56,908,511 | 1.78% | 1,652,176 | +0.05% |
| Capital Research | 44,847,603 | 1.40% | -2,335,240 | -0.07% |
| Norges Bank Investment Management | 31,570,978 | 0.99% | 0 | +0.00% |
| UBS Asset Management | 24,651,416 | 0.77% | 3,890,920 | +0.12% |
| Northern Trust Global Investments | 24,007,861 | 0.75% | -1,814,806 | -0.06% |
| Legal & General Investment Management | 22,731,667 | 0.71% | 1,070,726 | +0.03% |
| Morgan Stanley | 22,628,122 | 0.71% | 6,512,988 | +0.20% |
The institutional holding data indicates that Tesla has garnered attention and investment from several major institutions. Notably, entities like The Vanguard, BlackRock, and State Street Global Advisors not only hold significant shares but have also increased their holdings recently, suggesting a positive outlook on Tesla. Additionally, a substantial increase by Morgan Stanley might signal optimism about the future performance of Tesla. However, reductions by Capital Research and Northern Trust Global Investments could indicate a cautious stance on certain aspects of Tesla. Overall, these institutional movements provide critical market signals for investors.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty. Read More
