The stock market shares of quoted large American companies are now available to investors through online trading platforms. Among them we have chosen to study those of the Tesla Group at this moment. But before buying or selling Tesla shares, we suggest that you discover in this article some practical information about its business, as well as historical data from the technical analysis of its share price for the last ten years.
Firstly, we must of course look at the support of the various governments to individuals for the purchase of electric and more environmentally friendly vehicles, including duty exemptions or more direct financial aid.
It will also be important to keep an eye on the improvements made by the group in terms of quality control processes which may enable it to reduce production costs and thus become more competitive.
The development of the group's presence in newer markets that are increasingly adopting electric vehicles will also be monitored because of the positive impact this can have on profitability.
The group's business may also be impacted by the global economic health or by certain shortages such as the current semiconductor shortages.
There will also be increasing competition in the sector, including the arrival of new brands of low-cost 100% electric vehicles from Asia and competition from other new energy sources that may be used in the automotive industry.
Tesla's partnerships and innovative developments in other segments or specialties may also be beneficial to the company and should be monitored.
Finally, Tesla's roadmap with its strategic development plans and financial results should also be followed.
The Tesla Group, or Tesla Motors, is an American Company that specialises in the design, manufacture and sale of electric vehicles. However, its activities can be divided into various sectors including the sale of vehicles, the sale of motor-propulsion components for electric vehicles and the provision of development services.
Because of their two major production sites, they generally touch the American market but also China and Norway.
The price for Tesla shares is currently quoted on the Nasdaq Global Select American market. It is also included in the composition of the Nasdaq 100 stock exchange index.
Photo credits: ©inkdrop/123RF.COM
It is also important to be aware of Tesla's main competitors in the electric vehicle market. The group is facing some major adversaries, of which here is a quick presentation:
First of all, the multinational group Stellantis, resulting from the merger in January 2021 of the PSA and Fiat Chrysler Automobiles groups. The group operates the 14 car brands of the two entities, 5 of which come from PSA and 9 from FCA.
This Swedish vehicle brand is a subsidiary of the Chinese Geely Group and was formerly owned by a Swedish car, truck and construction machinery conglomerate. Recently, the group has become one of the big names in electric cars by launching the first SUV of its kind on the world market.
Chinese carmaker Byton, which is based in Nanjing and has offices in Germany and the US, is also worth keeping an eye on. Having recruited some of the biggest names in the automotive industry to create its team, including executives from BMW, Tesla and Faraday, the company is also funded by Chinese group Tencent Holding. The Byton Group was also one of the first to introduce 100% electric SUV models in 2018, which were then released in China and Europe in 2020 and 2021.
We'll also keep an eye on the Volkswagen AG Group, which is a German car manufacturer on the market since 1937 and based in Lower Saxony. The group is responsible for several car brands and models including Volkswagen, Audi, Seat, Cupra, Skoda, Porsche, Lamborghini, Bentley, Ducati, Scania and MAN and JETTA in China. It also offers financing, leasing and fleet management services. Currently, the Volkswagen Group is the world's largest vehicle manufacturer and several of its brands have joined forces to produce premium and luxury electric vehicles.
This other Japanese company is a car manufacturer formerly known as Datsun. The head office is based in Yokohama since 2010. The group has also been closely linked to the French car manufacturer Renault since 1999 through the Renault-Nissan Alliance, which is currently the world's largest automotive group in terms of number of vehicles sold. Since 2012, the Nissan group has held almost 15% of the capital of the Renault group and, conversely, the Renault group holds 43.4% of the capital of the Nissan group.
Finally, we will also keep an eye on the Hyundai Motors Group, which is the automotive and agricultural arm of the Korean conglomerate Hyundai and which is also the one and only independent manufacturer in South Korea and the leader on its domestic market. The group produces a large proportion of the electric vehicles on the market.
Tesla Motors has also implemented various strategic partnerships that have enabled this company to keep its position as leader in this industry sector. Here are the major partners of Tesla:
In 2014 the French Group, Allianz, specialised in insurance, and more particularly its French automobile insurance subsidiary, signed a partnership with Tesla Motors thereby offering their services to clients of this automobile brand.
The Tesla Motors Group and the NVidia Company have also been partners since 2016 for the initial development of the largest tactile screen created for an automobile. NVidia already supplies the integrated leisure systems and digital dashboards for each of the vehicles produced by Tesla Motors such as the recent Model X.
Still in 2016 the Japanese Panasonic Group announced an investment of over 30 billion Yen in a Tesla Motors photovoltaic cells and modules manufacturing unit. This announcement spurred an increase of 30% in the Tesla share price during the trading period.
Even more recently, in 2019, Tesla Group hinted at an upcoming partnership with Mercedes Group to develop a zero-emission van that would result in two versions of the vehicle, one for each manufacturer.
Currently, the Tesla Group is partly owned by a number of large private shareholders including Elon Musk with 18.9%, Public Investment Fund Private Equity with 9.18%, Baillie Gifford & Co with 7.46%, Capital Research & Management Co with 5.68%, The Vanguard Group Inc with 4.32%, Fidelity Management & Research with 2.77%, Jennison Associates with 2.24%, BlackRock Fund Advisors with 1.99%, Larry Ellison with 1.66% and SSgA Funds Management Inc with 1.63%.
In order to conduct a comprehensive study of the Tesla share price online, it is necessary to consider several types of analysis. These include a high quality fundamental analysis based on the study of external elements, important factors and publications, and a technical analysis based on a study of stock market charts.
The price of a Tesla share can vary considerably depending on various factors such as the company's financial results, new product announcements and general stock market trends. Tesla's share price can also vary depending on general economic conditions, geopolitical factors and competition in the market. It is therefore important to check the current Tesla share price before buying. At the time of writing, Tesla shares cost several hundred dollars, but the price of the stock moves up and down rapidly. It is therefore necessary to consult a specialised website like ours with a live chart or the official Nasdaq website to follow the real time price of Tesla shares and to know how much you will have to pay to buy it.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail CFD accounts lose money. You should consider whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
