Tesla Company Overview
Tesla makes electric cars. But that’s not all they do. They also make batteries and solar panels. The company changed how we think about cars.
| Company Details | Information |
| Founded | 2003 |
| Founders | Martin Eberhard, Marc Tarpenning, Elon Musk, JB Straubel, Ian Wright |
| Headquarters | Austin, Texas, USA |
| Employees | Around 140,000 people |
| Main Business | Electric cars, batteries, solar panels |
| Stock Symbol | TSLA on NASDAQ |
| Big Factories | Nevada, Shanghai, Berlin, Texas |
Most of Tesla’s money comes from selling cars. But they’re making more from batteries and energy stuff. Other car companies pay Tesla for carbon credits too. This brings in extra cash.
Tesla does things differently. They make their own parts instead of buying from others. This costs more money upfront but gives them control. When chip shortages hit other car makers, Tesla handled it better.
The company builds huge factories called Gigafactories. These make batteries and cars in the same place. It’s cheaper this way. Each new factory helps Tesla make more cars faster.
How to Buy Tesla Shares in South Africa via Exness
Getting Tesla exposure from South Africa is simple. You don’t need to open US bank accounts or deal with complex paperwork. Exness CFD trading makes it straightforward. Here’s how to start.
Register with Exness
Opening an Exness account is quick. Takes maybe 10 minutes. You fill out basic info like name and email. Then upload ID documents.
The platform accepts South Africans. No problems there. They check your documents fast. Most accounts get approved in one day. Sometimes it takes longer if documents aren’t clear.
Pick the standard account type. It works fine for Tesla trading. Don’t overthink the account options when starting out.
Deposit in ZAR
Exness takes South African Rand. Bank transfers work well. They take 1-2 days though. Faster options exist if you need money in quickly.
The minimum deposit isn’t huge. Check current amounts before starting. Rules change sometimes. Fund with money you can afford to lose. Tesla moves fast.
Access Tesla Stock CFDs and Start Trading
Find TSLA in the platform search. Easy to spot. The CFD price follows the real Tesla stock price. When Tesla goes up in New York, your CFD goes up too.
Start small when you trade Tesla CFD Exness. This stock jumps around a lot. One tweet can move it 10%. Practice with tiny positions first. Learn how it behaves before going big.
Set stop losses. Tesla can gap overnight. News comes out after markets close. Your position might open way different than you expect.
Current Market Situation for TSLA
Tesla trades around $240-260 range as of late 2024. The stock peaked at $400+ in 2021, then dropped to $100s in 2022. Now it’s finding balance between hype and reality.
Quarterly delivery numbers drive major price moves. Q3 2024 deliveries beat expectations. This pushed the stock up 15% in two days. Next report comes in January 2025.
Competition is real now. BYD sells more EVs than Tesla in some months. Ford’s F-150 Lightning takes truck market share. Mercedes and BMW launch luxury EVs. Tesla’s market share dropped from 70% to 50% in two years.
Profit margins are shrinking. Tesla cut prices six times in 2023 to boost sales. This hurt profits but defended market share. Gross margins fell from 30% to 19%.
China matters huge for Tesla. Shanghai factory makes 50% of Tesla’s cars. Any China-US trade tensions hit the stock hard. Local Chinese brands like BYD and Nio are strong competitors there.
Short-term trading thrives on volatility. Google’s stock often jumps after product news or market shifts, giving South African traders chances to profit with Exness Google trading.
Key Factors Influencing Tesla Stock
- Government rules – EV credits and emissions regulations impact business
- Delivery numbers – Quarterly reports move stock 10-20%
- Elon Musk tweets – Social media posts create instant price moves
- EV market growth – Global adoption helps Tesla
- Competition – Ford, GM, Chinese brands pressure market share
- China relations – Trade issues affect Shanghai production
- Interest rates – High rates hurt growth stocks
- Battery technology – Supply chain and tech breakthroughs matter
Analyst Opinions on Tesla Shares
Wall Street analysts split on Tesla. Average price targets range $220-280.
Bulls see Tesla as tech company beyond cars. Energy storage and self-driving potential drive $300+ targets. Bears worry about competition and shrinking margins. They target $150-200 prices.
Morgan Stanley lowered targets citing margin pressure. Goldman Sachs turned neutral from bullish. All analysts agree Tesla stays volatile.
Prospects and Risks of Investing in Tesla
Tesla sits at the center of EV and renewable energy trends. High valuations and competition create challenges.
Growth Opportunities
- Global EV expansion – 30% yearly growth, Tesla maintains strong position
- Energy storage – Battery business for homes and utilities growing fast
- Self-driving tech – Autonomous driving could create massive value
- New Gigafactories – More production capacity, lower costs
- Robotaxi network – Autonomous taxi service from existing fleet
- Charging expansion – Superchargers open to other EVs, new revenue
Risks
- Intense competition – Market share drops as competitors launch EVs
- Margin pressure – Price cuts hurt profits significantly
- Elon Musk risk – CEO controversies affect stock price
- High valuation – Premium pricing vulnerable to growth slowdowns
- China dependency – Half of production in Shanghai faces trade risks
- Regulatory changes – Reduced EV incentives could hurt demand
- Technology delays – Self-driving promises might take longer
Conclusion
Tesla leads EV adoption but now faces real competition. Exness in South Africa offers simple Tesla CFD access without the complications of US stock trading.
Start small and use stop losses. Tesla moves 10% on news regularly. Only risk money you can afford to lose.
Start trading online in South Africa
Discover why Exness is the broker of choice for over 1 million traders and 100,000 partners worldwide.
FAQs
Can I buy Tesla shares from South Africa via Exness?
Yes. Trade Tesla CFDs through Exness with ZAR deposits. CFDs track real Tesla price without owning US shares.
What is the minimum deposit to trade Tesla shares on Exness?
Usually $10-50 depending on account type. Check current requirements as they change.
Is Tesla stock good for short-term trading?
Yes. Tesla moves 3-5% daily, perfect for day and swing trading. High volatility means high risk and reward.
Do I own real Tesla shares via Exness?
No. CFDs track Tesla price without share ownership. No voting rights or dividends, but full price exposure.