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3 Investment apps where you can invest in Tesla stock (TSLA) 🚘

Tesla (TSLA), is the American electric vehicle and clean energy company, founded in 2003 by Elon Musk, the serial entrepreneur and founder of other businesses like SpaceX and more recently, owner and CEO of X (formerly Twitter).

Tesla is best known for the production of affordable electric cars such as the Model S and Model 3. In 2021, Tesla also joined a small, elite group of companies worth over $1 trillion. So, if you’re looking for a new investment platform where you can invest in Tesla, stock this article is for you. If you'd like to find more providers to compare, head over to our stocks and shares page on our investing comparison website here.


Why is Tesla so popular with investors?

Investors are drawn to Tesla, likely for its blend of innovation, market disruption, and growth potential. The company's leadership, under Elon Musk, has consistently pushed boundaries in both electric vehicles and renewable energy. Despite periodic volatility, Tesla's robust delivery numbers, expanding product lines, and ambitious plans contribute to its appeal among some investors seeking exposure to transformative industries and a bet on the future of sustainable technology.


What are the risks of investing in Tesla?

Tesla's stock comes with notable drawbacks, including its susceptibility to market volatility, particularly given the fluctuations in the electric vehicle sector. Concerns about production challenges, competition, and dependence on government incentives also contribute to the stock's unpredictable nature. Additionally, Tesla's valuation has raised questions about sustainability, leading to debates over its price-to-earnings ratios and potential for overvaluation.


How much do I need to get started investing in Tesla Stock?

Almost all investment platforms have a minimum amount you can invest. This is the lowest amount of money an investor can add to their account, and use to buy things like shares. In the UK, this generally ranges anywhere between £1-£50, but can even be as high as £500 or more with certain providers of certain accounts. We’ve created a comparison of investment platforms and their minimum deposits, so you can find this information easily in one place.

How do I get started investing in Tesla Stocks?

You’ll need to research and choose a reliable, secure platform that offers US stocks and shares investing. You may want to consider things such as minimum deposit amounts, fees, customer service, and any other things important to you in a prospective broker. You’ll also want to consider the risks of investing before getting started.

Want to learn more?

Interested in investing but don’t know exactly where to start? Try the free Pluto app. Learn investing basics, and practise in a risk free environment with no real money. Find us on the Apple App Store.

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