How to Buy Tesla Shares UK

How to Buy Tesla Shares UK

The How to Buy Tesla Shares UK hare price is a hot topic in the investment world. The US company is at the forefront of a new generation of electric vehicles. It also produces solar products like small and large-scale solar batteries.

The business is a global company, listed on the Nasdaq stock market. British armchair investors can buy shares in Tesla if they sign up to an online investment platform that has access to US markets. This can be done through a simple account opening process and once your identity has been verified. The platform will allow you to choose from a variety of stocks and shares, including funds and trusts. There are plenty of beginner-friendly platforms out there, but be sure to read the reviews before choosing one.

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You can choose to hold Tesla shares individually, or you could add them to your existing portfolio. However, bear in mind that the company doesn’t pay dividends to shareholders. This could be a problem if you’re aiming to generate a passive income from your investments. Alternatively, you might want to consider adding Tesla shares to your Stocks and Shares ISA, Lifetime ISA or Self-Invested Personal Pension (SIPP). Investing through an ISA can be more tax-efficient, as it allows you to benefit from income tax relief at your marginal rate.

The best way to buy Tesla shares UK is probably to use a regulated broker or investment platform that offers an ISA or SIPP. These platforms will let you deposit cash from your bank account, Apple or Android Pay to purchase your Tesla shares. You can then set up a market or basic order, which will tell the platform that you’re interested in buying Tesla shares. It will then try to execute your order as quickly as possible.

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