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    How to Trade Tesla Stock in the Philippines

    September 14, 2023

    Trading Tesla Shares in the Philippines

    Tesla ranks among the world’s most frequently traded stocks, largely attributed to its founder, Elon Musk. Besides leading Tesla, Musk also heads SpaceX, and is the owner of X which was previously known as Twitter. Recognized globally as a billionaire, Elon Musk is not only celebrated for his immense wealth but also for his charismatic influence that can sway market dynamics. Additionally, He’s often dubbed the “real-life Iron Man” for his relentless innovation in technology, leading to Tesla’s significant popularity in the stock market.

    Is Tesla present in the Philippines?

    Yes, Tesla has indeed made its debut in the Philippines, boasting a showroom along EDSA Mandaluyong.

    Why do Traders Like Tesla stock?

    Firstly, Tesla is at the forefront of the electric vehicle (EV) industry, which many believe represents the future of transportation. The company’s continuous innovations in battery technology, self-driving capabilities, and energy solutions place it ahead of many competitors in the automotive landscape.

    Furthermore, the charismatic leadership of Elon Musk generates significant media attention and often influences market sentiment. Lastly, Tesla’s inclusion in the S&P 500 in 2020 has cemented its standing as a key player in the stock market. Its volatility, driven by both its groundbreaking achievements and headline-worthy controversies, provides traders with numerous opportunities for both short-term and long-term investment strategies.

    How to Trade Tesla Stock?

    Purchasing Tesla stock is an endeavor that has attracted many investors globally. If you’re considering buying shares in this electric vehicle giant, using platforms like VT Markets can be an efficient route. VT Markets is a recognized online brokerage offering access to a vast array of stocks, including Tesla.

    Visit VT Markets Philippines Shares CFD here

    Should you start investing in Tesla?

    For those just starting their trading journey, Tesla might not be the ideal choice, particularly for short-term gains. It’s worth noting that while some see potential for long-term returns, there are inherent risks. Elon Musk himself has remarked on the over-trading of Tesla stock, suggesting possible implications for its long-term growth.

    Tesla shares are pricey, so you should trade them only when you have sufficient capital.

    For experienced traders, Tesla is a favored stock. Its appeal largely stems from the flexibility it offers for both long and short positions in CFDs, making it a potentially profitable option.

    Please be advised that the information provided is not financial advice. Trading carries inherent financial risks. Engage in trading activities only if you are well-informed and understand the potential risks involved.

    What to take note when trading Tesla Stock?

    1 Despite their high selling prices, Tesla EVs are expensive to produce, resulting in the company losing money on each vehicle made.

    2 Tesla is among the most shorted stocks for investors.

    3 The company’s goal to become one of the lowest-cost EV producers has affected their profit margins.

    4 Tesla (NAS:TSLA) has a Financial Strength Rank of 9 out of 10, indicating strong financial stability and a minimal chance of facing financial distress.

    5 Elon Musk is one of the top billionaires in the world.

    Does the Tesla Stock give dividends?

    No, Tesla shares do not offer dividends to investors.

    Future Prospects for Tesla

    While Tesla has firmly established itself as an industry leader in the EV market, it’s also venturing into other sectors. These include solar energy solutions and energy storage products, which have the potential to revolutionize the renewable energy market.

    6 Tesla’s energy division, with products like the Solar Roof and Powerwall, is gradually gaining traction and might become significant revenue sources in the future.

    7 The company’s investments in research and development indicate a commitment to driving the next wave of innovation, whether in transportation or renewable energy.

    External Factors Affecting Tesla’s Stock Price

    Various external factors can influence Tesla’s stock price:

    8 Government policies and incentives for EVs can directly benefit Tesla, as seen in many countries that are promoting green transportation.

    9 Global economic conditions and supply chain disruptions can impact the production rate and, subsequently, the delivery of Tesla vehicles.

    10 Competition is rising, with several established automakers ramping up their EV production, which could pose challenges for Tesla.

    Risks and Rewards

    Investing in Tesla, like any other stock, comes with its set of risks and rewards:

    11 While Tesla has a solid track record of growth, it operates in a rapidly changing industry where technological advancements are frequent, leading to uncertainties in the long run.

    12 The stock’s high valuation, according to some analysts, poses risks of significant downturns. However, believers in the company’s vision and potential see it as a long-term growth opportunity.

    Where can I trade Tesla Stock in the Philippines?

    There are many brokers that provide platforms for trading Tesla Stock in the Philippines. One such broker is VT Markets Philippines. We are an award-winning broker with offices worldwide. Our brokerage offers ultra-low trading costs and 24/7 support to our clients.

    Start Trading with VT Markets Today!

    Where can you get news updates on Tesla Stock?

    CNBC / Yahoo Finance / Google / VT Markets

    Is Tesla a safe stock to trade?

    Trading Tesla stock, like all stocks, carries risks due to market volatility, company fundamentals, and external influencing factors. Learn more about risk management in this article.

    Conclusion about Tesla Shares

    While Tesla remains a dominant player in the EV industry and has shown promise in other sectors, potential investors should thoroughly research and possibly consult financial advisors. Every stock comes with its unique set of challenges and opportunities, and Tesla is no exception.

    Trading Tesla Shares with VT Markets Philippines

    VT Markets Philippines offers a reliable platform for trading Tesla shares CFDs, providing traders with access to comprehensive resources, expert support, and advanced trading tools. Whether you’re interested in long-term investments or short-term trading opportunities, VT Markets can support your trading journey.