Discover how to invest in Tesla from Latin America! Complete guide

Discover the current price of Tesla and get relevant data to make informed investment decisions from Latin America. We explore its market value, the company's history, and some aspects to consider before investing in the world's most valuable car company.

Tesla Stock Price

As of the end of April 2024, the price of Tesla shares (TSLA) was USD 183.28, with a market capitalization of USD 584.52 billion. This company is listed on the NASDAQ, which includes the leading tech companies in the United States. Additionally, Tesla is part of the group known as the Magnificent 7, a collection of the most relevant tech companies that constantly drive the market upwards.

Tesla's History

In the early 2000s, after General Motors discontinued its electric car, Tesla was founded with the goal of building a top-tier electric car. Tesla's first car, the Roadster, revolutionized perceptions of electric cars with greater range and speed, although they were still expensive.

Since 2008, Elon Musk became the CEO and made significant changes to save the company from bankruptcy. In 2010, Tesla had a successful initial public offering (IPO) and launched two new models: the Model S and the Model X.

One of its main challenges was the cost of lithium batteries. To overcome this, Tesla built a massive battery factory (gigafactory) to achieve economies of scale and reduce the price of batteries.

Its mission is to accelerate the world's transition to sustainable energy sources. To do this, they are forming an ecosystem for autonomous vehicles and clean energy. This includes solar panels, Powerwalls, and a wide range of vehicles (Model S, Model X, Model 3, Model Y, Cybertruck, among others). Currently, it is worth more than any other company that sells vehicles.

Considering Investing in Tesla?

Before investing in Tesla, it is important to understand its business model and its future growth expectations.

The future performance of the autonomous and electric driving industry is critical for Tesla and currently presents challenges affecting the company’s financial results. While selling innovative vehicles generates a large portion of Tesla's sales, it also has a presence in the energy sector.

Another aspect to consider is whether the current price of Tesla is reasonable. Some analysts argue that its valuation is too high for a car company, while others trust in its potential and Elon Musk's vision.

Finally, some regulatory and state policy factors can favor the company, specifically those related to the viability of autonomous driving and tax incentives for an energy transition.

How to Invest in Tesla Stock from Latin America

To invest in Tesla shares, you only need to open an account with a regulated broker that gives you access to the U.S. Stock Market. Once inside, deposit money and start investing.

Hapi is the ideal option for you if you are in Latin America because it offers fractional shares and no minimum amounts to start. Don’t wait any longer and invest now!