Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

Buying Tesla shares in Australia.

This site may earn commission on affiliate links.
But seriously it’s risky buying shares in a single company.
Tesla gets more attention than most companies, so there’s quite a large hype component to their share price.
If some major problem occurs (eg Model 3 cars start exploding) the share price would drop a lot faster than if something similar happened to GM (eg Bolts start exploding).
Much safer to have a diverse portfolio.
 
  • Disagree
Reactions: MrDoor
The trick is not in buying them but having them registered on the US Computershare site in your own name.

My broker purchased me some but then they just stay as a holding allocation on their clearing house books. I had no voting rights for the Solarcity merger. There is paperwork to fill out to get them registered in your name and that can make it more time consuming when selling.

I have a lump registered in my name and another lump as per a normal trade and this stops panic selling but leaves a few if I need a cash grab at short notice for whatever reason.