Looking to buy Tesla stock in Canada? Hereâ€™s everything you need to know, including the current Tesla stock price, online brokers with access to TSLA stock and the answer to the question, â€œIs it a good time to buy Tesla stock?â€ Read our guide below.
Tesla (TSLA) is a leading auto manufacturers business based in the US. It opened the day at $733 after a previous close of $730.91. During the day the price has varied from a low of $726.44 to a high of $740.36. The latest price was $729.02 (25 minute delay). Tesla is listed on the NASDAQ and employs 70,757 staff. All prices are listed in US Dollars.
How to buy Tesla stock in Canada
- Choose a platform. If youre a beginner, our stock trading table below can help you choose.
- Open your account. Youll need your ID, bank details and national insurance number.
- Confirm your payment details. Youll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: TSLA in this case.
- Research Tesla stocks. The platform should provide the latest information available.
- Buy your Tesla stocks. Its that simple.
Is it a good time to buy Tesla stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Whats in this guide?
- Can I buy shares in Tesla?
- Has coronavirus impacted Tesla shares?
- Tesla shares summary
- Compare share dealing platforms
- Is Tesla stock a buy or sell?
- Tesla performance over time
- Can I short Tesla shares?
- Is Tesla suitable for ethical investing?
- Are Tesla shares over-valued?
- Teslas financials
- How volatile are Tesla shares?
- Does Tesla pay a dividend?
- Have Tesla shares ever split?
- Other common questions
How has Coronavirus impacted Teslas stock price?
Since the stock market crash in March caused by coronavirus, Teslas stock price has had significant negative movement.
Its last market close was $599.05, which is 33.51% down on its pre-crash value of $901 and 70.91% up on the lowest point reached during the March crash when the stocks fell as low as $350.51.
If you had bought $1,000 worth of Tesla stocks at the start of February 2020, those stocks would have been worth $555.89 at the bottom of the March crash, and if you held on to them, then as of the last market close theyd be worth $766.78.
Tesla stock price
Use our graph to track the performance of TSLA stocks over time.
Tesla stocks at a glance
Information last updated 2021-08-31.
Information last updated 2021-08-27.
|52-week range||$329.88 - $895.9|
|50-day moving average||$680.4691|
|200-day moving average||$672.1929|
|Wall St. target price||$713.15|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.897|
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Note: The dollar amounts in the table below are in Canadian dollars.
Tesla price performance over time
Historical closes compared with the last close of $729.02
|1 month (2021-07-30)||6.09%|
|3 months (2021-05-28)||16.60%|
|6 months (2021-03-03)||11.61%|
Is Tesla under- or over-valued?
Valuing Tesla stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Teslas overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Teslas P/E ratio
Teslas current share price divided by its per-share earnings (EPS) over a 12-month period gives a trailing price/earnings ratio of roughly 370x. In other words, Tesla stocks trade at around 370x recent earnings.
Thats relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stocks or simply that theyre over-valued.
Teslas PEG ratio
Teslas price/earnings-to-growth ratio can be calculated by dividing its P/E ratio by its growth â€“ to give 3.3277. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Teslas future profitability. By accounting for growth, it could also help you if youre comparing the stock prices of multiple high-growth companies.
Teslas EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$5.8 billion.
The EBITDA is a measure of a Teslas overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$41.9 billion|
|Operating margin TTM||7.76%|
|Gross profit TTM||USD$6.6 billion|
|Return on assets TTM||4.35%|
|Return on equity TTM||12.28%|
|Market capitalisation||USD$694.2 billion|
TTM: trailing 12 months
How to short and sell Tesla stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. TSLA.US
- Choose your position size.
- Select sell rather than buy.
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 26.8 million Tesla stocks held short by investors â€“ thats known as Teslas short interest. This figure is 10.3% down from 29.9 million last month.
There are a few different ways that this level of interest in shorting Tesla stocks can be evaluated.
Teslas short interest ratio (SIR)
Teslas short interest ratio (SIR) is the quantity of Tesla stocks currently shorted divided by the average quantity of Tesla stocks traded daily (recently around 19.4 million). Teslas SIR currently stands at 1.38. In other words for every 100,000 Tesla stocks traded daily on the market, roughly 1380 stocks are currently held short.
However Teslas short interest can also be evaluated against the total number of Tesla stocks, or, against the total number of tradable Tesla stocks (the shares that arent held by insiders or major long-term shareholders â€“ also known as the float). In this case Teslas short interest could be expressed as 0.03% of the outstanding stocks (for every 100,000 Tesla stocks in existence, roughly 30 stocks are currently held short) or 0.0335% of the tradable stocks (for every 100,000 tradable Tesla stocks, roughly 34 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Tesla.
Find out more about how you can short Tesla stock.
Teslas environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Tesla.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Teslas total ESG risk score
Total ESG risk: 27.59
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Teslas overall score of 27.59 (as at 01/01/2019) is pretty weak â€“ landing it in it in the 61st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Tesla is exposed to within the areas of environmental (carbon footprint, resource use etc.), social (health and safety, human rights etc.), and governance (anti-corruption, tax transparency etc.).
Teslas environmental score
Environmental score: 1.25/100
Teslas environmental score of 1.25 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Tesla is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Teslas social score
Social score: 17.81/100
Teslas social score of 17.81 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Tesla is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Teslas governance score
Governance score: 10.53/100
Teslas governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Tesla is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Teslas controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Tesla scored a 3 out of 5 for controversy â€“ a middle-of-the-table result reflecting that Tesla hasnt always managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
Tesla Inc was last rated for ESG on: 2019-01-01.
|Total ESG score||27.59|
|Total ESG percentile||60.92|
|Environmental score percentile||1|
|Social score percentile||1|
|Governance score percentile||1|
|Level of controversy||3|
Tesla stock dividends
Were not expecting Tesla to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Have Tesla stocks ever split?
Tesla stocks were split on a 5:1 basis on 31 August 2020. So if you had owned 1 share the day before before the split, the next day youd have owned 5 shares. This wouldnt directly have changed the overall worth of your Tesla stocks â€“ just the quantity. However, indirectly, the new 80% lower stock price could have impacted the market appetite for Tesla stocks which in turn could have impacted Teslas stock price.
Tesla stock price volatility
Over the last 12 months, Teslas stocks have ranged in value from as little as $329.88 up to $895.9. A popular way to gauge a stocks volatility is its beta.
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Teslas is 1.964. This would suggest that Teslas stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products through its subsidiaries to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California.
Stocks similar to Tesla
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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