How to buy Tesla stock in Canada

Learn how to buy Tesla stock in 6 easy steps.

Tesla is a global electric car maker and clean energy company headquartered in Austin, Texas. Founded in 2003, Tesla designs and produces electric vehicles and energy generation and storage products, including solar panels and at-home charging stations. Its network of 45,000+ Superchargers is the largest network of fast-chargers in the US. Co-founded and led by billionaire Elon Musk, Tesla is currently the most valuable car brand worldwide. In addition to its lineup of sedans and SUVs, Tesla's future vehicle models include the Tesla Cybertruck, Tesla's version of a pickup truck, and its upcoming fully electric semi truck, dubbed Tesla Semi. Tesla (TSLA) stock launched on the NASDAQ in 2010 and its share price has since experienced massive growth.

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How to buy Tesla stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – TSLA. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Latest updates for Tesla

December 11, 2024: Shares of Tesla climbed in early Wednesday trading after a second analyst at Goldman Sachs announced a huge price target increase to $345, according to Yahoo Finance.

December 3, 2024: Tesla shares are up by over 3% as news broke that Elon Musk's $56 billion pay deal has been rejected for the second time, even though it was approved by shareholders and directors in the summer.

November 19, 2024: Tesla's stock price rose by over 5% and helped the Nasdaq snap its recent losing streak.

November 12, 2024: Tesla shares are up by over 40% in the past week as the company continues to benefit from close ties to Trump.

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Note: The dollar amounts in the table below are in Canadian dollars.

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Finder Score for stock trading platforms

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Tesla stock price (NASDAQ: TSLA)

Use our graph to track the performance of TSLA stocks over time.

Tesla stocks at a glance

Information last updated 2024-12-17.
Open$0.00
High$0.00
Low$0.00
Close$0.00
Previous close$0.00
Change $0.00
Change % N/A
Volume 0
Information last updated 2024-12-11.
52-week range$138.80 - $424.88
50-day moving average $289.45
200-day moving average $221.02
Wall St. target price$259.66
PE ratio 116.3753
Dividend yield N/A
Earnings per share (TTM) $3.65

Is it a good time to buy Tesla stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Tesla price performance over time

Historical closes compared with the close of $463.02 from 2024-12-13

1 week (2024-12-10) 15.47%
1 month (2024-11-15) 44.37%
3 months (2024-09-17) 103.19%
6 months (2024-06-17) 147.02%
1 year (2023-12-15) 82.65%
2 years (2022-12-16) 208.21%
3 years (2021-12-17) 48.95%
5 years (2019-12-17) 1,732.58%

Is Tesla stock undervalued or overvalued?

Valuing Tesla stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tesla's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tesla's P/E ratio

Tesla's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 116x. In other words, Tesla shares trade at around 116x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stock or simply that they're over-valued.

Tesla's PEG ratio

Tesla's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 11.7771. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tesla's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Tesla's EBITDA

Tesla's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $13.2 billion.

The EBITDA is a measure of a Tesla's overall financial performance and is widely used to measure a its profitability.

Tesla financials

Revenue TTM $97.2 billion
Operating margin TTM 10.79%
Gross profit TTM $20.9 billion
Return on assets TTM 4.76%
Return on equity TTM 20.39%
Profit margin 13.08%
Book value $21.81
Market Capitalization $1.4 trillion

TTM: trailing 12 months

Tesla stock dividends

We're not expecting Tesla to pay a dividend over the next 12 months.

Have Tesla's stocks ever split?

Tesla's stocks were split on a 3:1 basis on 24 August 2022 . So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Tesla stocks – just the quantity. However, indirectly, the new 66.7% lower stock price could have impacted the market appetite for Tesla stocks, which in turn could have impacted Tesla's stock price.

Tesla stock price volatility

Over the last 12 months, Tesla's stocks have ranged in value from as little as $138.8025 up to $424.88. A popular way to gauge a stock's volatility is its "beta."

TSLA.US volatility(beta: 2.3)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Tesla's is 2.295. This would suggest that Tesla's stocks are significantly more volatile than the average for this exchange and represent a higher risk.

Tesla overview

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc.

Frequently asked questions

What percentage of Tesla is owned by insiders or institutions?
Currently 12.912% of Tesla stocks are held by insiders and 47.908% by institutions.
How many people work for Tesla?
Latest data suggests 140,473 work at Tesla.
When does the fiscal year end for Tesla?
Tesla's fiscal year ends in December.
Where is Tesla based?
Tesla's address is: 1 Tesla Road, Austin, TX, United States, 78725
What is Tesla's ISIN number?
Tesla's international securities identification number is: US88160R1014
What is Tesla's CUSIP number?
Tesla's Committee on Uniform Securities Identification Procedures number is: 88160R101
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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