Nowadays, it is not necessary to go to a bank or call a broker to buy or sell shares online, all you need to do is opening an account with some of the brokers that provide this service such as eToro and XTB. In this link you will find some of the brokers you can use to buy the stock of Tesla.

After reaching its all-time high last year, Tesla has fallen more than 12%. The fall also follows a general correction affecting the markets during the past months.

Tesla finished the year with significant growth in production and its second profitable year. The company’s management expects the growth to continue at a rate of approximately 50%. Its sometimes controversial CEO, Elon Musk, is looking to expand the company’s core business, electric cars, with other projects such as autonomous cars and sustainable energy. However, while those businesses develop, Tesla faces intense competition from companies like Ford or General Motors. Likewise, the stock is trading at a price-to-earnings ratio of 165.62, higher than many of its competitors.

As a result, while Tesla is performing well, the stock price is still trading high, and the competition is increasing, making it an exciting but risky choice.

Tesla, Inc. is an American company that designs and manufactures electric vehicles. Tesla’s mission is to “accelerate the world’s transition to sustainable energy”. Tesla also manufactures a pack of energy solutions, like Solar Roof, allowing individuals and corporations to manage renewable energy generation, storage, and consumption.

Tesla stock is traded in the Nasdaq Stock Exchange and is led by the multimillionaire Elon Musk