SERP Title – 57 Chars (41 Chars w/o BMA)

Buy Tesla Stock on eToro - Ultimate Guide |

BitMoneyAlpha

Meta Description:
Looking to buy Tesla Stock on eToro? Don't miss out on the electric vehicle revolution.
Learn the insider tips and strategies in our ultimate guide! (148 Chars)

Key Highlights/Key Takeaways:

In the article
WORDS 3.2k (882) HEADERS 23 (6) LINKS 2 (2) IMAGES 0 (3) OPTIMIZATION 100% (40.8%)
Buy Tesla Stock on eToro - The Ultimate
Guide to Investing in Tesla Stock.
Problem

When discussing revolutionary and innovative technology companies in the modern era,
Tesla is often part of that discussion. Tesla has revolutionized the electric car segment by
turning an ordinary car into a supercar. It has realized the potential of electric cars by tapping
the luxury segment and competing with renowned luxury brands of the auto world, such as
Mercedes or BMW.

As a result, the stock price of Tesla has seen a stupendous rise since its IPO. eToro is one of
the leading platforms that offer you the option to purchase and sell Tesla stocks. Do you want
to know how to buy Tesla stock on eToro?

Promise

Follow our comprehensive guide and learn how to create an account on eToro, deposit
money, and buy & sell Tesla Stocks.

Key Highlights/Key Takeaways

Key Takeaways
Quick Process to Buy Tesla Stock on eToro

1. Create an eToro account

 Tesla is one of the most
2. Complete your profile innovative electric vehicle
companies owned by one of the
3. Deposit Money richest persons in the world
 eToro is one of the largest
4. Buy Stocks trading platforms in the world
 They offer users to buy and sell
5. Monitor the Trade until the execution stocks, ETF, Crypto,
Currencies, and commodities at
zero commission fees.

Research
Why eToro?
More than 15 years ago, in 2017, eToro started its journey in the financial markets by
becoming one of the largest investment platforms worldwide. They are one of the industry's
leaders, offering online trading and investment opportunities.

They currently boast over 20 million registered users on their platform and provide a simple
and affordable way to buy and sell stocks and ETFs. The platform is extremely feature-rich
and provides the option to trade in multiple asset classes.

Let us have a glance over some of the features and benefits of eToro:

 It allows the creation of a diversified portfolio by trading different asset types,

including stocks, ETFs, and other financial instruments such as Currencies and
Commodities.
 It also provides the option to trade crypto assets.
 It allows Copy Trading, where you can copy trades of popular traders.
 It provides the option of Virtual Trading, where you can test your investment
strategies before taking an actual position with real money.
 It also enables users to take CFD trades, i.e., leverage trades with lucrative spread and
overnight fees.
 It offers 0% commission on stocks, i.e., not no markup, ticketing fees, and stamp
duty. However, fees such as Bid/Ask Spread, FX conversion, withdrawal, and
inactivity may apply.
 It doesn't charge any management fees, including Copy Trading.
 They send regular notifications regarding market volatility and any relevant events.
 They provide expert analysis of trades so that users can take informed decisions with
a service called TipRanks.

Now, let us have a look at the Pros and Cons of using the
eToro platform:
Advantage of eToro Disadvantages of eToro
1. Huge Selection of over 3000 stocks from 1. If Non-USD Deposits are made, then FX
17 exchanges are available to buy and sell. fees apply
2. eToro users own the underlying asset they
2. There is a high withdrawal fee of $5
bought.
3. A monthly High Inactivity Fee of $10 is
3. eToro offers dividend yield to its users.
charged if a user doesn't log in for 12 months.
4. One can trade with as low as $10 in the
USA and $50 to $200 in most other countries
5. They offer the option to buy fractional
shares.
6. They are one of the most trustworthy online
trading platforms. They follow SEC and
FINRA regulations in the USA.
The FCA, ASIC, and CySec in the UK,
Australia, and Cyprus also regulate them.
7. Apart from no commission being charged,
the fees that are applicable in certain cases are
very competitive.
8. They also provide a wallet called eToroX
for cryptocurrencies

Solution

Buy Tesla stock on eToro trading platform - Step-by-Step

Guide.
STEP 1: Create an account on eToro

To create an account on the eToro platform, you must visit eToro official website,
www.etoro.com, and click on the "Start Investing" button to sign up for a new account.

Insert Pic of Homepage

Once you click on that button, it will lead you to the signup page, where you will find a lot 3
options:

1. Signup with Google

2. Signup with Facebook
3. Signup with your email id. You need to choose a username and password.

Tip: If you have previously created an account with eToro, click on the "Login" button on the
top right of the homepage to log into your account.

Choose your preferred option and enter the details

Option 1 (Google) & Option 2 (Facebook)

Insert pic of the signup page with Google and Facebook

For Google and Facebook, as soon as you click the respective button, a window will open,
and you will have to provide the relevant Google or Facebook account with which you would
like to sign up and complete the process.

After connecting your Google or Facebook account, a page will open where you need to enter
a username, check the T&C and Privacy Policy boxes, click "Create Account," and complete
the account creation process.

Option 3 (Custom Email)

Insert pic of the signup page with a custom email

If you have chosen the option of entering the email id manually, then after entering the
details, check the Terms & Conditions and Privacy Policy boxes and click the "Create
Account" button to proceed.

Once the account is created, it will lead to the eToro dashboard. If you just want to navigate
the platform and look at all the features and what the platform offers, then only signing up
with the email id is enough. But, if you want to deposit money and trade, proceed to Step 2 to
verify your account.

Virtual Account for Paper Trading

Insert virtual account pic on homepage

eToro also provides the option to do paper trading through a virtual account. Just follow the
steps to access the virtual account and the corresponding virtual amount of $100,000.

1. Go to the eToro dashboard and click the "Switch to Virtual" button on the left
navigation panel below the "Deposit" Funds button.
2. When you click the virtual account with $100,000, the fake currency will be created,
and the page will open.
3. You can practice your trading strategies with this fake currency and perform all the
tasks in real-time to test its success or failure rate.
4. If you want to trade with real currency and go back to your actual account, click on
the "Switch to Real" button on the left navigation panel at the bottom.

Insert switch to real pic.

STEP 2: Complete your profile and verify your eToro account

You need to complete your profile to deposit money and remove any limitations on the
amount to be deposited. The verification must be completed to trade as per the AML and
CTF regulations.

Before completing the profile, you need to keep the following things ready.

1. A Government issued id - It should have the following details

o Full Name
o Date of Birth
o Photograph
o Valid Expiry Date

1. An active phone number

o On the home page, click on the "Verify" button on the banner

o When the process begins, and it asks for your number, enter the mobile phone
number and click ‘Send SMS.’
o Enter the SMS code you received on your phone.
o Click “Verify’ to complete
 1. Proof of Address: The following are accepted.

o Electricity, water, gas, telephone, or Internet bill

o Driving license/residence permit / national ID/state ID
o Bank statement/credit card statement
o Council tax or municipality bill/government tax letter
o Social insurance statement
o House Rental Official Agreement – Issued by Government

Let us now look at the Verification Process.

Click the "Complete Profile" button below your username on the left navigation panel to
complete your profile.

A page with a "Continue" button pops up as you click on the button. Click on it.

Now, it will ask you to fill up your details, submit the documents, and wait for them to be
verified.

Note: The details may take several days to be checked and verified. Once the verification is
complete, a green checkmark will appear beside your username in the navigation panel on
the left.

STEP 3: Fund your eToro account by depositing money

Once the account is verified, there will be no limitations, and you can deposit as much money
as you want and trade whatever asset you want.

Let us check the process of depositing money.

Insert pic of deposit fund.

Open the eToro dashboard and click the "Deposit Funds" button on the left navigation panel.

Insert the pic of the deposit popup.

As the button is clicked, a popup window called "Fund Your Account" opens where you need
to provide the personal details, the amount you want to deposit and then choose the payment
method from the dropdown menu

1. Debit Cards and Credit Cards

2. Neteller
3. Skrill
4. Regular Bank Transfer

Note: US residents need to deposit only $10 to start trading on eToro. Other popular places,
including UK and Australia, need to deposit a minimum of $50. Then most other countries
have to deposit between $100 to $200 except for the few who need to deposit $1000 to
$10,000.
Once you choose your preferred option, fill up the necessary card or bank details and
complete the payment process by clicking the "Deposit" button. Once the transfer is
complete, the amount will reflect in your eToro account.

STEP 4: Buy Tesla Stock on eToro

So, now your account is verified, and you have funded your account. You are ready to buy
Tesla shares on the platform.

Now, go to the search bar on the top and type Tesla or the ticker "TSLA" Then a popup box
appears with Tesla's name.

Insert the Tesla popup box pic.

When you click on the TSLA ticker, a dedicated page for Tesla opens. This page contains all
the stock details and a price chart.

This page separates internal tabs with the following:


o Overview
o Stats
o Chart
o Analysis
o News

Insert the Tesla dedicated page.

As eToro provides many educational resources, you can study the Tesla charts and do a
Fundamental Analysis by reading about the company details, previous year's balance sheet,
and cash flow statements. eToro also provides its expert analysis for customers who have
deposited funds.

As for any investor or trader, thorough research is needed before making investment
decisions. With the help of all the necessary information and the latest news about the
company collated and available at the same place, it becomes easier for users to conduct
thorough research and take an informed decision.

You can add the stock to an existing watchlist or create a new watchlist with a list of stocks
you are interested in. Click on the "Add to Watchlist" button to add Tesla to the watchlist.

Once you decide to use your funds to buy Tesla stock, click the "Invest" button on the top
right.

As soon as you click, a page shows you two options to buy Tesla stocks.

Option 1: At the Market Rate

Insert Market rate pic

In this case, you just need to enter the amount in dollars or number of units you want to invest
in buying the Tesla stocks and click the "Set Order" button.

The stock will immediately be bought at the market price by eToro, reflected in your account,
and shown in your investment portfolio.

Option 2: Fix your own rate

Insert variable rate pic

If you don't want to buy at market price and set your desired price, you can do so by clicking
on the "Rate" button and entering the price of one share.

So, for example, at the time of writing, the price of a Tesla Stock is $174.57, and I have
decided to set the price at $173.50 and the amount as $10,000. It means if the price of the
Tesla stock hits $173.50, eToro will execute the order at that price and buy $10,000 worth of
Tesla shares @ $173.50 per share.

The order will not be executed until it reaches the set price target. The order can be modified
or canceled before it gets executed.

Step 5: Monitor the trade until the execution

The stock will appear immediately under your portfolio section if bought at the market rate.

Click the Portfolio button on the left navigation panel to access your portfolio.

Insert portfolio pic

If you have placed an order at a custom market price, the order will reflect as "Pending" in
the portfolio section and only be executed at the set price.

You can modify the order by changing the Take Profit and Stop Loss Level in this section or
setting the leverage.

Insert pending custom rate order pic.

If you have placed the order when trading is closed, all trades will start executing as the
market opens and show up in your portfolio as "Pending Open" below the respective stock
name.

Insert stock in the pending pic.

Also, once the stock is in your portfolio, you can click on Trade and sell the existing stocks.

To buy more Tesla stocks, repeat the process.

What happens to the stocks that you have bought on

eToro? Do you own them?
The answer is YES. It is one of the main benefits of using the eToro stock trading platform.
When you purchase any stock, be it Tesla or Apple, you own it as you buy the underlying
asset.

However, in some cases, for some foreign exchanges such as eToro Australia or Italian
exchange Borsa Italiana, the Finnish or Swedish exchange, i.e., Helsinki Stock Exchange or
Stockholm Stock Exchange, etc., then you are purchasing CFDs.

CFDs or Contracts for Differences let you trade on the stock's price movements. If you have a
CFD stock position, you own the contract, not the actual stock.

What is copy trading? Is it available on eToro?

One of the primary features of eToro is its diversified services. It is also popular as a platform
that promotes social trading and offers social features.

Copy trading is one of those social trading features when a user copies the trades of another
user. Usually, a nominal service fee is charged and given to the trader whose trade you are
copying.

eToro also provides a dedicated section for copy trading. You can head over to the
"Discover" button on the navigation panel on the left and then click.

Insert pic

As you click it, the page loads, and as you scroll down, you will see the section on copy
traders. You can also click on Copy People on the navigation panel to access the traders.

You can click on them and check their profile, trades, and holdings.

After analyzing, if you want, you can copy the trader by clicking on the "Copy" button and
taking the same positions as them.

You can copy 100 traders at a time, and the minimum deposit for each trader is a minimum of
$200.

What is Tesla?
Tesla is an automobile company that manufactures electric vehicles. Martin Eberhard and
Marc Tarpenning launched the company as Tesla Motors in 2003.

Nicolas Tesla, the famous scientist who made huge contributions to electromagnetism,
inspired them. Hence, they paid their tribute by naming the company after him.

In 2004, the founders were looking for investment, and then one of the richest men on Earth,
Elon Musk, invested $6.5 million into Tesla.

In 2008, he became the CEO of Tesla and has continued in that role to date. Elon Musk's
involvement and charismatic image have created a cult status for Tesla as a brand.
Tesla produces some of the best electric vehicles around the world. They also became
immensely popular for their self-driving mechanism.

Some of their most popular models are Model X, Model S, and Model Y. Model S Plaid trim
variant is the most expensive Tesla at around $131,440.

Embed the Tesla Stock

How much would you have made if you had invested

$10000 into Tesla IPO?
Tesla has been one of the best-performing stocks with exceptional financial performance in the
S&P 500 over the last decade. Although S&P 500 saw a return of 183% in the last decade,
Tesla's performance has surpassed way beyond that.

Tesla released its IPO in 2010 at a share price of $17, but since then, Tesla has undergone a
5-for-1 stock split and a 3-for-1 stock split in 2020 and 2022, respectively. Hence, after the
splits, the adjusted stock price would stand at $1.13 per share.

So, if an investor had put $10,000 into Tesla at the time of IPO, he would own 588 shares
(excluding fractional shares and other expenses). But, when you consider the stock splits, an
investor who invested $10,000 on the debut date of Tesla IPO would have approx. 8820
shares today.

The stock market has dropped significantly due to several macroeconomic factors.

Even though Tesla has undergone a huge drop of almost 75% from its all-time high of
$414.50 in Nov. 2021, it still trades at around $175 at the time of writing. So, that would
mean that the investor would have made $1,543,500, i.e., an increase of 15,435 %.

Given the growing demand for green energy and electric cars, Tesla will surely record strong
growth in the coming years, boosting the other automotive stocks. Hence, the return is likely
to grow even further.

FAQ:
Does eToro have Tesla?

YES, Tesla ($TSLA) is available on eToro for trading. You can view Tesla's share price and
buy Tesla Motors, Inc. Stocks.

What platform can I buy Tesla stock?

There are many platforms to buy Tesla stock. The best option eToro. It provides a simple
interface with loads of features and commission-free stocks. It also offers leverage trading of
all the popular stocks with CFD. It is the number one choice for Tesla Stock and many other
assets.
Can I buy stock directly from Tesla?

No, you cannot buy stocks directly from Tesla. You can only buy Tesla stocks through a
brokerage account. Retail investors have multiple options, but eToro is one of the best online
brokers to buy Tesla stocks.

What exchanges does Tesla trade in?

Tesla is available for trading on the NASDAQ Stock Exchange.

Opinion

To Sum It Up
If you want to invest in different assets and need a trustworthy platform to trade different
asset classes, then eToro is one of the best options. It offers various other features such as in-
depth analysis, a huge array of different stocks, leverage trading, and copy trading.

So, if you are a beginner investor and have decided to buy Tesla stock on the eToro trading
platform, just go for it. Always do thorough research and consult experts before spending any
money, and always invest as per your risk tolerance and what you can afford to lose.

Disclaimer: All the information presented in the article has been collected independently by
BitMoneyAlpha and has not been reviewed or approved by Tesla or eToro. The product
information may vary. Please check their websites for the latest information. The statements
and opinions expressed in this article belong to the author and do not necessarily represent
the views or opinions of any cryptocurrency issuer. The content is for informational purposes
only. It is not financial advice. So, before investing in Tesla stock, do your due diligence and
always invest what you are comfortable losing, as all investments are your responsibility.