Tesla Stock: Everything You Need to Know – Price, News, and More Story

With the stock market as hot as it is right now, chances are you're looking for ways to get in on the action. The Tesla stock has likely crossed your radar several times when surveying potential stocks to pick. After all, very few other big companies have had their share price explode as Tesla's has.

That being said, there are so many things to consider before buying a stock. “Should I worry about chip shortages? How much analysis into electric cars should I do? Tesla is close to its all-time high; should I still buy?”

This post will answer all of those questions and more. Before you go ahead and stock up on Tesla shares, there are a few essential things you should know, and this post will cover them.

Overview of Tesla

Founded in 2003 by entrepreneurs Martin Eberhard and Marc Tarpenning, Tesla was initially known as Tesla Motors and had one purpose: to develop an electric sports car. The founders wanted to create an energy-efficient and sustainable vehicle without losing any features in a regular gasoline car.

From the start, founder Elon Musk was a big supporter of Tesla (having donated over $30 million in its opening VC rounds). He was made chairman of Tesla in 2004 and has held a leadership position ever since.

Pros and Cons of Buying Tesla's Stock Before tossing your money towards anything, it's crucial to understand the investment's advantages and disadvantages. That applies to if you're buying shares of a storage systems company or if you're buying shares of Tesla. Here are the pros and cons of buying a Tesla stock.