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How To Buy Tesla (TSLA) Stocks In Australia

  • adamhayden011
  • Mar 20, 2024
  • 1 min read

Headed up by controversial billionaire Elon Musk, Tesla (TSLA) is the world’s most highly valued car manufacturer and one of the more popular stocks on the US Nasdaq.

Tesla accounted for three quarters of the electric cars sold in the US in 2022, and around 20% of EVs sold across the globe in the latest figures to July of 2023. There is considerable interest locally, too, in electric vehicles such as Tesla, with sales of new electric cars in Australia tripling in the 12 months to January 2022—no doubt fuelled by increasingly high petrol costs. As of December last year, there were 80,446 electric vehicles sold in Australia to date, and some 43,924—or 54.6%—were Teslas. According to Go Auto site, the brand’s overall share of the Australian market stands at 3.9%, which may not seem like much, but is just ahead of Subaru, which has 3.8% market share.

 
 
 

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