How To Buy Tesla Stock On eToro – Investing in the Future

Investing in Tesla, Inc. (TSLA) has captured the imagination of countless investors worldwide. As a leader in the electric vehicle (EV) industry and a pioneer in sustainable energy solutions, Tesla has revolutionized the automotive world and become a symbol of innovation and potential for investors. If you want to invest in Tesla stock, eToro is an accessible and user-friendly platform to help you achieve your investment goals. This guide will walk you through on how to buy Tesla stock on eToro, ensuring you have the knowledge and tools to embark on your investment journey.

Tesla and Its Investment Potential

Tesla is one of the world’s most innovative and disruptive companies, aiming to accelerate the transition to sustainable energy. Tesla produces electric vehicles, battery products, solar panels, and autonomous driving technology, among other things. Tesla has a loyal fan base and a visionary leader in Elon Musk, who is also the founder of SpaceX and Neuralink. Tesla’s stock price has soared in recent years, making it the most valuable automaker in the world by market capitalization.

However, Tesla also faces many challenges and risks, such as high competition, regulatory uncertainty, production bottlenecks, and profitability issues. Investing in Tesla requires a long-term perspective and a tolerance for volatility, as the company’s future performance depends on many hard-to-reach prediction factors. Tesla is not a conventional company, and its investment potential is difficult to understand.

Introduction to eToro

eToro is a global online platform that allows users to trade and invest in various financial markets. eToro offers many products, such as stocks, cryptocurrencies, commodities, ETFs, indices, etc. eToro also features a social trading network where users can follow and copy the actions of other traders, learn from their strategies, and share their insights. eToro aims to make trading and investing accessible and transparent for everyone, regardless of their level of experience or knowledge.

What You Need to Open an eToro Brokerage Account

  • Personal information (name, address, date of birth)
  • Valid email address
  • Secure password
  • National ID or passport
  • Proof of address (utility bill, bank statement)
  • Bank account or credit/debit card for funding
  • Internet-connected device (computer or smartphone)

Why Buy Tesla Stock on Etoro

Buying Tesla stock on eToro or any other trading platform should be a decision based on your investment goals, risk tolerance, and a thorough understanding of the company and the stock market. Here are some reasons why you might consider buying Tesla stock on eToro or any other trading platform:

  1. Investment in a high-growth company: Tesla is known for its innovative electric vehicles, renewable energy products, and autonomous driving technology. It has shown significant growth in the past, and many investors believe it has the potential for future expansion.
  2. Diversification: Including Tesla stock in your investment portfolio can help diversify your holdings, as it represents a different sector (electric vehicles and technology) than many other traditional stocks.
  3. Belief in the electric vehicle industry: If you believe in the future of electric vehicles and the transition to sustainable energy sources, investing in Tesla can be a way to support and profit from this trend.
  4. Long-term growth potential: Some investors buy Tesla stock with a long-term investment horizon, anticipating that the company’s technologies and market share will continue to grow.
  5. Trading and speculation: For short-term traders and speculators, Tesla stock can provide opportunities for trading based on price fluctuations and market sentiment.
  6. Access to eToro’s features: eToro offers a social trading platform that allows users to follow and copy the trades of other investors. If you find a successful Tesla trader on the platform, you can choose to replicate their trades.

How to Buy Tesla Stock On eToro

Indeed, here’s a step-by-step guide on how to buy stocks on eToro:

buy tesla stock

Step 1: Sign Up for an eToro Account

  • Go to the eToro website ( and click on the “Join Now” or “Sign Up” button.
  • You must provide your personal information, including your name, email address, and a secure password.
  • Agree to the terms and conditions and complete the registration process.

Step 2: Verify Your Identity

  • After signing up, eToro will ask you to verify your identity. This is a regulatory requirement to ensure the security of your account.
  • Follow the instructions to provide identification documents, such as a driver’s license or passport.
  • eToro will review your documents, and once verified, you’ll receive an email confirming your account activation.

Step 3: Fund Your eToro Account

  • Log in to your eToro account.
  • Click on the “Deposit Funds” or “Deposit” button.
  • Choose your preferred funding method, including bank transfer, credit/debit card, or other options.
  • Follow the prompts to input your payment details and the amount you wish to deposit.
  • Confirm the deposit and the funds will be added to your eToro account.

Step 4: Search for the Stock You Want to Buy

  • From your eToro dashboard, use the search bar at the top of the page to search for the stock you want to buy. For this guide, let’s use “Tesla” as an example.
  • Click on the Tesla stock (TSLA) from the search results to access its trading page.

Step 5: Analyze the Stock

  • On the stock’s trading page, you’ll find various information about the stock, including its current price, chart, and performance data.
  • You can also see a list of trading options, such as “Trade,” “Buy,” and “Sell.”

Step 6: Place an Order to Buy the Stock

  • Click on the “Trade” or “Buy” button.
  • A trading window will appear, allowing you to set your order details:
  • Choose the amount of Tesla stock you want to purchase. You can specify the quantity of shares or the total investment amount.
  • Select the order type. You can choose between a “Market Order” (executed at the current market price) or a “Limit Order” (set your desired price).
  • If using a “Limit Order,” input the specific price you want to buy Tesla stock.
  • Review your order details to ensure they are accurate.
  • Click “Open Trade” or “Buy” to confirm your order.

Step 7: Monitor Your Investment

  • Once your order is executed, you’ll see the Tesla stock in your eToro portfolio.
  • You can monitor its performance on the portfolio page, view charts, and track real-time price changes.
  • eToro offers features like stop-loss and take-profit orders to help manage your investment.

Step 8: Selling Your Stock (Optional)

  • If you decide to sell your Tesla stock, navigate to your portfolio, select the stock, and click on the “Sell” button.
  • Follow the prompts to set your sell order details, including quantity and price.

Managing Tesla Stocks

Here are some tips to help you manage your Tesla stock investment effectively.

Understand the company’s vision and mission:

Tesla is not just a carmaker but a leader in clean energy, autonomous driving, and battery technology. Tesla aims to accelerate the transition to sustainable energy and transport and create products that inspire and delight customers. Tesla’s vision is ambitious and long-term, which means it may face many challenges and uncertainties. As an investor, you should know Tesla’s vision and mission and align your expectations accordingly.

Diversify your portfolio:

Tesla stock is highly volatile, which means that it can experience huge swings in price, both up and down. External factors, such as market sentiment, competition, regulation, innovation, and media coverage, influence Tesla stock. To reduce exposure to these risks, you should diversify your portfolio with other stocks or assets with different characteristics and performance drivers. Diversification can help you smooth out your returns and lower your overall risk.

Do your research:

Tesla is a complex and dynamic company that operates in multiple industries and markets. It constantly innovates and launches new products and services, such as the Cybertruck, the Model Y, the Solar Roof, and the Full Self-Driving software. It is also expanding its global presence and production capacity, such as building Gigafactories in China, Germany, and Texas. As an investor, you should do your research and analysis on Tesla’s business model, financial performance, competitive advantages, growth opportunities, and potential challenges. You should also follow the news and updates from the company, such as its quarterly earnings reports, product announcements, and shareholder meetings.

Have a long-term perspective:

Tesla is a growth-oriented company prioritizing innovation and customer satisfaction over short-term profits. Tesla reinvests most of its revenue into research and development, capital expenditures, and debt repayment. This means Tesla may not generate consistent or positive earnings or cash flow shortly. However, this also means that Tesla has a huge potential for future growth and value creation. As an investor, you should have a long-term perspective on Tesla’s stock performance and not be swayed by short-term fluctuations or noise.

The Benefits of Trading on eToro

tesla stock

Trading on eToro offers several distinct benefits to both novice and experienced investors. One of its most prominent advantages is the platform’s user-friendly interface, making it accessible even to those with limited trading experience. eToro’s innovative social trading features enable users to follow, learn from, and even automatically copy the strategies of experienced traders, fostering a collaborative and educational trading environment. 

Additionally, eToro provides access to diverse financial assets, including stocks, cryptocurrencies, commodities, and more, allowing investors to diversify their portfolios. With mobile trading apps, advanced security measures, and a virtual portfolio for practice, eToro empowers traders to engage in the financial markets with confidence, convenience, and a wealth of resources.


What Are Stocks?

Stocks, also known as shares or equities, represent ownership in a company. When you buy a stock, you purchase a portion of that company and become a shareholder. As a shareholder, you have a claim on the company’s assets and a right to a portion of its profits. Stocks are typically traded on stock exchanges, and their value can fluctuate based on various factors, including company performance, market sentiment, and economic conditions.

Can You Trade After Hours on eToro?

eToro primarily allows trading during regular market hours when the relevant stock exchanges are open. However, eToro may provide limited after-hours trading for select assets when the underlying exchange offers it. Be sure to check eToro’s official website or platform for specific details on after-hours trading availability.

Can You Buy Tesla Stock on eToro?

Yes, you can buy Tesla (TSLA) stock on eToro. Tesla is one of the many stocks available for trading on the platform. To buy Tesla stock on eToro, you must create an account, deposit funds, and place a buy order for TSLA shares through the platform.

Can You Buy Tesla Stock Directly?

No, as of my last knowledge update in September 2021, Tesla does not offer a direct stock purchase plan (DSPP) that allows individuals to buy its stock directly from the company. You typically use a brokerage platform like eToro or other online brokers to invest in Tesla stock.

Can You Buy Real Stocks on eToro?

Yes, you can buy real stocks on eToro. When you purchase eToro stocks, you acquire actual ownership in the underlying companies. eToro offers a wide range of real stocks, including those listed on major stock exchanges like the New York Stock Exchange (NYSE) and NASDAQ. These stocks are held in your eToro brokerage account and can be sold or transferred as needed.


Investing in Tesla through eToro opens doors to a world of opportunities. Tesla’s relentless pursuit of innovation and sustainability and eToro’s user-friendly platform and social trading features make it an attractive investment option. Whether you’re a seasoned investor or just starting, buying Tesla stock on eToro is straightforward and accessible. As you navigate the exciting world of investing in TSLA, remember to stay informed, diversify your portfolio, and consider your long-term goals. With diligence and the resources available on eToro, you can embark on a rewarding journey in Tesla stock investment.