How to buy Tesla stock (TSLA) in 2023

Written by
Adam N.
Fact checked by
Updated
2w ago
This page collects the most common questions regarding buying Tesla stock, including the best way to buy Tesla shares, and how much it costs to buy stock in Tesla.

If you want to buy Tesla stock, you will need to find a good online broker, open a brokerage account, and deposit the necessary funds in order to buy TSLA shares. We collected the most important steps in the guide below.

In addition to this page, you can also find more detailed information regarding Tesla shares in the following articles:

6 steps of buying Tesla shares

  1. Find a good online stock broker. Here are the best stock brokers picked by our experts.
  2. Open your brokerage account. Let us know if you get stuck!
  3. Deposit money to your account.
  4. Log in to the trading platform.
  5. Buy the Tesla share placing a market or limit order.
  6. Review your Tesla position regularly.

Finding the best online brokers is our specialty.

Save hours of research with our broker finder tool or go with highest ranking online broker for Tesla: Interactive Brokers.

Is this your first time buying a stock? Use our dedicated step-by-step guide to make the process of buying your first Tesla share smooth and easy. We'll help you buy your first stock on your own in no time!

Best 5 brokers for buying Tesla shares

Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC. Visit broker
eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK's FCA and Australia's ASIC. eToro USA LLC does not offer CFDs, only real crypto assets are available. Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal
Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA. Visit broker
Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash). Visit broker
Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license. Visit broker

What is the best way to buy Tesla stock?

Opening a trading account with low or zero fees at a safe online brokerage (e.g. Interactive Brokers) is the best way to buy Tesla stock.

If you are looking to invest a smaller dollar amount, consider buying fractional shares of Tesla. Read more details about how to buy fractional shares at Interactive Brokers.

How much does it cost to buy one share of Tesla?

The cost of buying one share of Tesla depends on the share price at which the stock is trading, and the cost of the trade itself. This is called a commission and is charged by your brokerage firm.

As of early February 2023, the share price of Tesla was around $180. The share price had moved in a range of $101-$384 over the previous 12 months. Your online broker will provide current price information on Tesla stock.

Use our Stock Fee Calculator to check exactly how much it costs to buy Tesla shares at the current price at each broker, including commission. There are also several commission-free brokers, which will be highlighted and listed at the top.

How do I start investing in Tesla?

To start investing in Tesla, you should open a trading account at a broker and buy at least one share of the company. At some providers (such as Interactive Brokers or Robinhood), you may also invest in fractional shares. We recommend that you pick one from our list of the best stock brokers.

Can I buy Tesla stock directly from Tesla?

No, you can't buy stock directly from Tesla at this time. To purchase shares, you will need to go through a broker. If you do not have a brokerage account, you will need to open one. We recommend Interactive Brokers for its great overall score.

Can I buy just one share of TSLA stock?

Yes, you can buy just one share of Tesla stock. At some brokers, you can even buy less than one Tesla stock by investing in fractional shares.

What is the minimum number of Tesla shares I can buy?

The minimum number of Tesla shares you can buy depends on your online brokerage. At some brokers, you can buy Tesla fractional shares for as little as $1. As of early February 2023, a full Tesla share cost around $180.

Does Tesla pay dividends?

No, Tesla (TSLA) has not so far paid any dividends to shareholders.

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Further reading

Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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