Tesla Shares: Price, Dividends and Performance
Tesla stock is one of the most impressive stock market performers of the last few years.
Although its share price has already gained more than 13,000% in ten years, it is not too late to buy it and bet on its future growth.
How much can you make with Tesla stock?
Get up-to-date and precise information on Tesla stock with its current price, dividend yield, analysis and our opinion.
This page is for information purposes only and does not constitute investment advice. Remember that investing can be risky.
Want to buy shares in Tesla: Our key take-aways
Stock exchange: NASDAQ
- Stock index: NASDAQ 100
- Dividend 2021: $0.00
- Dividend forecast 2022: N/C
- Performance over 1 year: +14.05
Should I buy Tesla stock?
If you're looking for a solid stock whose future growth is widely accepted, Tesla stock is probably a wise choice.
Indeed, taking advantage of the global green transition as the world's leading electric vehicle company, Tesla Group seems to have a bright future ahead of it.
Although its stock is not a yield stock as there is no dividend, it can enhance your portfolio with the objective of realizing an interesting capital gain in the long run. Here we will explain why and how to invest in the world's leading electric vehicle manufacturer and reveal the current consensus and analysis on this stock.
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How can I buy shares in Tesla ?
To buy Tesla on the stock market:
- Find an online broker offering stock investments.
- Open your trading account by filling out a simple form.
- Deposit funds into your account.
- Search for the stock
- Place a buy order to add Tesla to your stock portfolio.
How much are Tesla shares?
See price chart below to follow Tesla stock price in real time.
Why Tesla shares could go up:
Tesla's stock currently benefits from many positive points and therefore elements in favour of a rise in its price with the following points:
- A leader in energy efficiency: Tesla Group is a true pioneer in electric vehicles and energy efficiency in general.
- Multiple strategic partnerships: Tesla regularly partners with other companies, especially in the energy and renewable energy sector, to position itself in this market on a global scale.
- Innovative: Tesla regularly innovates both in terms of vehicle design and engineering to differentiate itself from the competition and provide extreme comfort to its customers.
- A strong brand image: the group also benefits from a strong brand image and the general public expects the company to develop clean energy with profitable products. The company has been able to win over the public over time.
- Future technologies: with the development of autonomous and autopilot technology for its vehicles, Tesla is attracting many investors because it could become even more profitable.
- Committed to the ecological transition: thanks to its environmentally friendly vehicles, Tesla is appealing to consumers who are paying more and more attention to ecology.
- Battery development: Finally, Tesla could also benefit in the future from its in-house battery production technology, which will reduce its production costs and increase its profitability.
Why Tesla shares could go down:
Of course, Tesla's share price is not only bullish, it also suffers from a few factors that could lead to a drop in its price:
- A weak international presence: compared to most of its competitors, Tesla fails to position itself in certain international markets, including emerging markets.
- High-end products: the fact that Tesla only offers high-end products is a strategy admitted by the group. However, this can cause some sales problems because it only reaches a small part of the consumers.
- Strong competition: the electric vehicle market is currently booming and in addition to the historical brands that are developing clean vehicles, new competitors are regularly appearing on this segment, which threatens Tesla's market share.
- High operating costs: strong competitive pressure may lead to higher operating costs for Tesla in new technologies and therefore lower profit margins.
- Low long-term visibility: Finally, it is difficult for Tesla to project itself in the long-term in this segment of green energy automotive companies, not only because of the instability of its production conditions but also because of the limited take-up of electric vehicles in some markets.
Can I buy Tesla stock online?
Yes! You can buy Tesla shares online. For many buyers this is the best way to do it. Here's why:
- The commissions are lower
- You can choose your own investments
- You benefit from analysis and decision support tools
- You can invest in stocks directly or through derivatives like ETFs.
How can I sell my Tesla shares?
It is of course possible to resell Tesla shares that you have purchased and are holding in your stock portfolio, simply by placing a sell order from your online brokerage platform.
Otherwise, be aware that short selling will not be possible in Canada with traditional savings vehicles. In order to short sell, you will need to use a margin account or use derivatives such as CFDs or options.
What investment vehicles in Canada can hold Tesla stock?
Tesla shares can be placed in several different savings vehicles including"
- RRSPs: these registered retirement savings plans offer funds that are accessible at the time of retirement and offer an income tax deferral.
- TFSAs: tax-free savings accounts is an incredibly popular short-and long-term tax-free investment vehicle.
- Margin accounts: This account offers leverage and allows you to borrow against the value of the securities you hold to make other investments. It allows you to sell short.
- Cash accounts: This account allows you to trade stocks on North American markets only.
There are several options available to you if you want to buy Tesla stock:
- Buy shares for cash: you simply need to have a savings vehicle and go through an online broker to place a buy order on this stock and add it to your portfolio. You will then be able to receive a dividend.
- Investing in a basket of stocks
- : ETFs or exchange-traded funds also allow you to invest in Tesla stock in addition to other stocks in the stock market in a single transaction.
Tesla share price history over 10 years:
|1 month||-11.88%||1 070.79||792.01|
|3 months||-10.39%||1 208.00||792.01|
|6 months||32.34%||1 243.49||648.84|
|1 year||14.05%||1 243.49||539.49|
|3 years||1,374.71%||1 243.49||35.40|
|5 years||1,522.94%||1 243.49||35.40|
|10 years||13,412.95%||1 243.49||5.10|
Tesla dividends and payment dates
Tesla seems never to have paid a dividend to its shareholders since its IPO.
This lack of shareholder remuneration is largely explained by the group's strategy of reinvesting its profits in order to maximize its growth, particularly through innovation.
If for 2022, the group does not yet plan to pay a dividend for its shares, it is possible that Tesla will change its strategy in the future.
What is the dividend yield for Tesla over the last 10 years?
The yield on Tesla shares is obtained by dividing the annual dividend by the annual average price.
A stock's yield provides key information about a company's dividend policy and its evolution over time and performance.
Good to know
Annual gross shareholder return = Total dividend for the year ÷ average share price for the same year
Good to know
The 10-year average return = Sum of annual returns ÷ 10
What analysts are saying about Tesla stock:
A critical analysis of Tesla stock:
Fundamental analysis data shows that Tesla stock has attractive potential for a medium to long-term strategy.
- Strong growth expected: Tesla Group's growth over the next few years is expected to be strong based on current forecasts with solid earnings growth expected.
- High margins: Tesla's margins before taxes, depreciation, interest and amortization are particularly high.
- Excellent financial position: Tesla Group also has a very strong and good financial position and strong investment capabilities.
- Consistently Upwardly Revised Estimates: Over the past 12 months, analysts who follow Tesla have consistently revised upwardly their estimates of Tesla's revenue as well as their price and earnings per share (EPS) targets.
- High valuation: Tesla's valuation, in terms of earnings multiples, appears to be relatively high, with the company currently trading at 99.72 times net income per share.
- Low business visibility: Current analyst estimates for Tesla's business are mixed, indicating poor visibility for the business.
- Variable price targets: Similarly, analysts' price targets for Tesla stock are highly variable. This indicates a disagreement among these analysts or a difficulty in making a low valuation of the company.
A technical analysis of Tesla stock:
From a technical and charting perspective, the signals on Tesla stock over the long-term are currently returning strong buy signals with the following indicators:
- The RSI is giving an interesting buy signal and is currently at 65.020.
- The MACD level is at 193.05 which is also sending a strong bullish signal on this stock.
- The Stochastics are sending both buy and oversold signals and therefore call for caution.
- All the simple and exponential moving averages are sending buy signals with the exception of the MA5 which is sending a short-term sell signal.
- As for Tesla's strategic levels, we note that the next resistances are at 1,165.81 and 1,394.90 and that the next supports are at 749.82 and 562.92.
Who is Tesla?
Tesla Incorporation is an American company specializing in the design, production and sale of electric vehicles.
The group's turnover is broken down as follows:
- Sales of motor vehicles: these represent 89% of revenue.
- Services: these account for 7.3% of the company's revenue and include vehicle maintenance and repair services. In addition, Tesla sells powertrain components for electric vehicles.
- Sales of energy generation and storage systems: this represents 6.3% of revenue.
- Vehicle leasing: this represents 3.4% of Tesla's revenue.
As for the geographical distribution of Tesla's revenue, the following can be noted
- 48.2% in the United States
- 21.1% in China
- 30.7% in the rest of the world
The Tesla group currently has 6 production sites based in the United States, China and Germany.
Who are Tesla’s competitors?
In the electric car market, while Tesla continues to be the world leader, it has many competitors. Among its main opponents, we find in particular:
- Nio: this Chinese car manufacturer is thus specialized in the development and production of electric vehicles only. It was recently created in 2014.
- Lucid Motors: this other car manufacturer is American and based in California. It has so far developed only one vehicle model, the Lucid Air, which started production in 2021.
- General Motors: This company, also known as General Motors Corporation or GM, is an American car manufacturer based in Detroit. It owns several automobile brands and was one of the first traditional manufacturers to enter the electric vehicle market.
- Rivian: This innovative company is actually an American start-up whose name is a contraction of Indian River. It became a new electric vehicle manufacturer in 2021 and is based in Plymouth, Michigan.
- Byton: Finally, the Chinese car manufacturer Byton is based in Nanjing and also has design offices all over the world, including Germany and the United States.
Who are Tesla’s partners?
Tesla Group is banking a large part of its growth strategy on partnering with other companies. Here are some of its biggest partners:
- Casino: the group has notably become a partner of Casino, which will equip its infrastructure with charging stations for electric vehicles. It has also signed an agreement with Tesla to deploy its superchargers, particularly on major roads in France.
- Hertz: the car rental specialist has also signed a partnership with Tesla with the aim of ordering 100,000 vehicles by the end of 2022. This is a contract worth more than 4.2 billion dollars.
- Toyota Motor Corporation: The two automakers recently announced their desire to collaborate on the development of electric vehicles as well as parts, production and technical support. Toyota has committed to purchase $50 million of Tesla's common stock in a private placement.
- Panasonic: for many years, the two companies had been collaborating in the production of solar cells, but this partnership ended in 2021 for economic reasons.
- ALD Automotive: Finally, Tesla is also a partner of ALD Automotive, to which it refers its customers who opt for a long-term lease. ALD Automotive is a subsidiary of the Société Générale banking group and is Tesla's preferred partner in 16 European countries.
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