How to Buy Tesla Stock: Complete Beginner's Guide

Investing in the Future of Electric Vehicles

Tesla (TSLA) is one of the most talked-about companies in the world, pioneering the electric vehicle revolution. For many, learning how to buy Tesla stock is their first step into the world of individual stock investing. This guide will walk you through the process, making it simple for anyone to make a TSLA stock investment.

Step 1: Choose a Brokerage Account

To buy any stock, you need a brokerage account. This is an account with a company (a broker) that is licensed to buy and sell stocks on your behalf. Popular choices for beginners include Fidelity, Charles Schwab, and Robinhood. They all offer commission-free trades on US stocks. Opening an account is a simple online process.

Step 2: Fund Your Brokerage Account

Once your account is open, you'll need to deposit money into it. You can do this by linking your bank account and initiating an electronic transfer (ACH). It may take a few business days for the funds to settle before you can start trading.

Step 3: Place Your Order to Buy TSLA

1. Find the Stock: In your brokerage app or website, use the search bar and type in "Tesla" or its ticker symbol, "TSLA".
2. Choose an Order Type: A "Market Order" buys the stock at its current market price. A "Limit Order" lets you set a specific price you're willing to pay. For your first time, a market order is the simplest way to get started with your beginner's stock guide.
3. Enter the Amount: You can choose to buy a specific number of shares or invest a specific dollar amount (thanks to fractional shares offered by most brokers).
4. Review and Submit: Double-check the order details and submit it.

Congratulations! You are now a Tesla shareholder. Learning how to buy Tesla stock is a great way to begin your investment journey. Remember that a TSLA stock investment can be volatile. This beginner's stock guide recommends starting with an amount you're comfortable with and considering it a long-term hold.