The Best Guide to Trading Tesla
What is Tesla?
Founded in 2003, Tesla is an innovative automotive and energy company with a mission to accelerate the global transition to sustainable energy.
Moving towards a zero-emissions future, the company specializes in electric car manufacturing and has come a long way to prove that electric vehicles can be better and faster than traditional gasoline cars.
In addition to Tesla’s electric vehicles, the company builds clean energy generation and storage products.
Headquartered in Palo Alto, California, Tesla operates several production and assembly plants, including Gigafactory 1 in Reno, Nevada, and the Tesla Factory in Fremont, California.
As of March 2019, Tesla sells Model X, Model S and Model 3 vehicles, Powerpack, Megapack and Powerwall, solar tiles, solar panels and other related products.
Tesla operating hours
Tesla is listed on the NASDAQ Stock Exchange according to the schedule of regular trading sessions (EST):
Pre-market hours from 4:00 to 9:30
Market hours from 9:30 to 16: 00
Office hours from 16:00 to 20:00
If you decide to buy or sell CFDs, you can follow Tesla’s stock price in US dollars with the comprehensive TSLA stock price chart at Capital.com:
Monday to Friday from 14:30 to 21:00
How to trade Tesla CFDs
An individual has two options when trading on the stock market. First of all, they can buy shares in companies on the exchanges where they are listed. For example, you can buy Tesla shares on the NASDAQ exchange, so you actually own a share in the company. This can be considered a long-term investment, as the individual is usually waiting for the price to rise over time.
Alternatively, they can trade a contract for difference (CFD) on a particular stock, and speculate on the price difference of the underlying asset, without actually owning the asset. A CFD is a financial contract, usually between a broker and an investor, where one party agrees to pay the other the difference in the value of a security, between the opening and closing of the trade. You can hold a long position (speculating that the price will rise) or a short position (speculating that the price will fall). This is considered a short-term investment or trade, as CFDs tend to be used in shorter terms.
The key difference between trading a long position with a CFD and buying a security is the leverage that is employed. CFDs are traded on margin, which means that a trader can open larger positions with their capital.
Trade Tesla CFDs with Capital.com. register at Capital.com to use our desktop platform or download our mobile app to start trading in the most popular global markets anywhere and anytime.
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Why trade Tesla CFDs with Capital.com
Advanced AI technology at its core: a Facebook-like News Feed provides users with personalized and unique content based on their preferences. If a trader makes decisions based on bias, the innovative News Feed offers a range of materials to put him back on the right track. The neural network analyzes the behavior within the app and recommends videos, articles and news to polish your investment strategy.
Margin trading: providing margin trading (up to 5:1 for individual shares), Capital.com it gives you access to the stock market with the help of CFDs.
Trading with the difference: when trading with Tesla CFD, you do not buy the underlying asset itself, which means you are not tied to it. He only speculates about the rise or fall of Tesla’s stock price. CFD trading is nothing different from traditional trading in terms of strategies. A CFD investor can go short or long, set stop and limit losses and apply trading scenarios that align with their goals.
Comprehensive trading analysis: the browser-based platform allows traders to set up their own market analysis and forecasts with elegant technical indicators. Capital.com it provides live market updates and various chart formats, available on desktop, iOS and Android.
Focus on safety: Capital.com it places a special emphasis on safety. Licensed by the FCA and CySEC, it complies with all regulations and ensures that the security of its customers ‘ data comes first. The company allows customers to withdraw money 24/7 and keeps merchants ‘ funds through segregated bank accounts.
History of Tesla
In July 2003, Tesla was founded by two engineers Martin Eberhard and Marc Terpenning in California, USA. The company was named after the famous physicist, engineer and futurist – Nikola Tesla. In 2004, Elon Musk invested $ 30 million and joined the business as the chairman of its Board of Directors. Other co-founders included Jan Wright and JB Straubel.
In 2008, the company launched its first car, an all-electric Roadster, which reveals Tesla’s state-of-the-art battery technology. However, this move did not help Tesla avoid significant financial problems. In 2009, the business was on the verge of bankruptcy, having only 9 9 million in cash on hand. To survive, the company opened up to investors, including Mercedes, and secured $ 40 million more by issuing convertible debt.
The same year, Tesla unveiled its new Model s, the world’s first premium all-electric sedan, which combined efficiency and safety.
On June 29, 2010, Tesla went public through the initial public offering (IPO), selling 13.3 million shares at $ 17 per share on the Nasdaq, bringing in $ 226.1 million.
In 2012, the company opened its first independent charging stations, known as Superchargers. Just two years later, Elon Musk introduced Tesla’s semi-autonomous self-driving system called Autopilot.
To create an entire sustainable ecosystem, on April 30, 2015, Tesla introduced Powerwall, a large rechargeable battery for residential buildings, and Powerpack, a battery for commercial use.
In 2015, Tesla launched the Model X, one of the fastest and safest sports vehicles. In 2016, the company designed the Model 3, a high-volume, low-priced electric vehicle intended to be more affordable for a wider audience. Its production began in 2017.
Tesla has taken the electric vehicle market by storm: from 2017 to 2018, its vehicle sales in the United States increased by 280% from 48,000 to 182,400. In 2018, it was ranked as the world’s best-selling plug-in passenger car manufacturer, both by brand and by Automotive Group, with 245,240 units delivered and a 12% market share of plug-in segment sales.
At the end of the second quarter of 2019, Tesla’s global sales since 2012 totaled more than 720,000 units. In October 2019, the company obtained permission to start mass production in Shanghai, China.
For many years, Tesla has been reporting net losses in most quarters. However, in its third quarter of 2019, the company surprised analysts, who had anticipated a quarterly loss of about 40 cents per share, with adjusted earnings of $ 1.61 per share, on total quarterly revenue of $ 6.3 billion.