If you’re looking for a way to invest in clean energy and renewable transportation, you might want to look into Tesla stocks. The company designs and builds electric vehicles and makes solar panels and roof tiles. The company is also in the business of battery energy storage. Tesla’s stock price is rising rapidly and could be an excellent investment for those interested in the company’s future.
There are a number of ways to trade Tesla stock, including short-term and long-term investing. Tesla has a long history of beating analyst expectations and has a price target of $1,620. However, there are some risks associated with Tesla stocks. It can be volatile, and if you’re not comfortable trading in the long-term, it isn’t a good idea to invest in Tesla just yet.
One way to assess the company’s stock price is to take a look at its future vehicle delivery numbers. These numbers factor in the number of orders it has received and the rate at which it can produce them. The company has stated that it expects to deliver 1 million vehicles by 2021. As of the second quarter of this year, it had delivered 368,000 vehicles in 2018, and is targeting 500,000 by 2020. It has also opened up new production plants in Germany and Texas to meet demand.
Once you’ve decided to invest in Tesla stocks, you’ll need an online brokerage account. Some brokers will allow you to buy fractional shares if you’re just getting started. You should also make sure that you have enough cash set aside for emergencies. As with any other investments, it is a good idea to start small and invest according to your own financial goals.
Using a broker’s account, you can place your order at any time. The ticker symbol TSLA will appear on the page and you can place your order at the current price or set a price you’re willing to pay. You can also place a limit order if you’d prefer. Once you’ve made your choice, you can monitor your order in the open positions section of your broker’s account.
Tesla is best known for its electric cars, but the company is also involved in solar systems and energy storage systems. Since its inception, Tesla stock has grown tremendously and is now listed on the major US indices. It is also the fifth company to reach $1 trillion in total revenue. Investing in Tesla shares is a sure way to get a piece of the action.
Tesla stocks have hit new highs after four consecutive profitable quarters. They have also become eligible to enter the S&P 500 index. They closed at a new all-time high of $695 on December 21, 2020.