Should I buy Tesla stock in 2025?
Is Tesla stock a buy right now?
As of June 2024, Tesla Inc. is trading at around US$177 per share, with average daily trading volumes close to 60 million shares, reflecting sustained global investor engagement. Recent months have brought notable but manageable developments: Tesla announced a strategic $3 billion capital raise to support growth in EVs, AI, and robotics, while global vehicle deliveries for Q1 2024 came in slightly below some projections—but market reaction remains constructive due to positive signals on gross margins and cost discipline. Singaporean investors are particularly attentive to Tesla's long-term positioning in the global EV and clean energy sector, which remains robust as regulatory tailwinds promote electrification across Asia. Developments in self-driving technology rollouts and expanding energy storage projects have been met with optimism, supporting investor confidence despite short-term volatility linked to sector-wide price pressures. The consensus from more than 31 respected national and international banks points to a target price of US$230, signalling broad belief in Tesla’s resilience and capacity to capture future growth opportunities amidst intensifying competition. In a fast-moving technology sector, Tesla's innovation and visionary leadership continue to underpin its appeal for prospective investors.
- ✅Strong leadership in global EV and battery innovation.
- ✅Scaling up production capacity worldwide, including new gigafactories.
- ✅Growth in autonomous driving and energy storage markets.
- ✅Solid cash position after recent capital raise.
- ✅Consistent R&D investment ensures competitive technological edge.
- ❌Quarterly delivery numbers show some lumpiness amid evolving demand.
- ❌Persistent competitive pressure from both legacy and new automakers.
- ✅Strong leadership in global EV and battery innovation.
- ✅Scaling up production capacity worldwide, including new gigafactories.
- ✅Growth in autonomous driving and energy storage markets.
- ✅Solid cash position after recent capital raise.
- ✅Consistent R&D investment ensures competitive technological edge.
Is Tesla stock a buy right now?
As of June 2024, Tesla Inc. is trading at around US$177 per share, with average daily trading volumes close to 60 million shares, reflecting sustained global investor engagement. Recent months have brought notable but manageable developments: Tesla announced a strategic $3 billion capital raise to support growth in EVs, AI, and robotics, while global vehicle deliveries for Q1 2024 came in slightly below some projections—but market reaction remains constructive due to positive signals on gross margins and cost discipline. Singaporean investors are particularly attentive to Tesla's long-term positioning in the global EV and clean energy sector, which remains robust as regulatory tailwinds promote electrification across Asia. Developments in self-driving technology rollouts and expanding energy storage projects have been met with optimism, supporting investor confidence despite short-term volatility linked to sector-wide price pressures. The consensus from more than 31 respected national and international banks points to a target price of US$230, signalling broad belief in Tesla’s resilience and capacity to capture future growth opportunities amidst intensifying competition. In a fast-moving technology sector, Tesla's innovation and visionary leadership continue to underpin its appeal for prospective investors.
- ✅Strong leadership in global EV and battery innovation.
- ✅Scaling up production capacity worldwide, including new gigafactories.
- ✅Growth in autonomous driving and energy storage markets.
- ✅Solid cash position after recent capital raise.
- ✅Consistent R&D investment ensures competitive technological edge.
- ❌Quarterly delivery numbers show some lumpiness amid evolving demand.
- ❌Persistent competitive pressure from both legacy and new automakers.
- ✅Strong leadership in global EV and battery innovation.
- ✅Scaling up production capacity worldwide, including new gigafactories.
- ✅Growth in autonomous driving and energy storage markets.
- ✅Solid cash position after recent capital raise.
- ✅Consistent R&D investment ensures competitive technological edge.
- What is Tesla?
- How much is Tesla stock?
- Our full analysis on Tesla </b>stock
- How to buy Tesla stock in Singapore?
- Our 7 tips for buying Tesla stock
- The latest news about Tesla
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Tesla’s performance for more than three years. Every month, tens of thousands of users in Singapore rely on us to analyse market trends and pinpoint the most promising investment opportunities. Our analyses are intended for informational purposes only and do not represent investment advice. In line with our ethical charter, we have never been, and never will be, compensated by Tesla.
What is Tesla?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | United States | Tesla is American, giving it access to the world’s largest capital and tech markets. |
💼 Market | NASDAQ: TSLA | Trades on NASDAQ, providing high liquidity and global investor access. |
🏛️ ISIN code | US88160R1014 | Unique identifier for tracking and trading TSLA shares internationally. |
👤 CEO | Elon Musk | Visionary leader, though leadership style sometimes creates volatility for shareholders. |
🏢 Market cap | ~$570 billion (June 2024) | Among the world’s most valuable automakers, reflecting investor confidence in growth. |
📈 Revenue | ~$97 billion (2023 full year) | Strong sales growth, but faces competition globally in electric vehicle markets. |
💹 EBITDA | ~$16 billion (2023 full year) | High profitability supports reinvestment into R&D and gigafactory expansion. |
📊 P/E Ratio (Price/Earnings) | ~70 | High P/E signals strong growth expectations but also implies elevated valuation risk. |
How much is Tesla stock?
The price of Tesla stock is rising this week. As of now, Tesla (TSLA) trades at USD 182.47, reflecting a 24-hour increase of 3.87% and a weekly gain of 2.35%. The company’s market capitalisation stands at USD 581.89 billion, with an average 3-month trading volume of 99.56 million shares.
Metric | Value |
---|---|
Share price | USD 182.47 |
24h change | 3.87% |
Weekly change | 2.35% |
Market cap | USD 581.89 billion |
3-month avg. volume | 99.56 million shares |
P/E ratio | 46.51 |
Dividend yield | None |
Stock beta | 2.40 |
Tesla posts a P/E Ratio of 46.51, no dividend yield, and a stock beta of 2.40, indicating significant price movement relative to the broader market. While Tesla’s performance catches investor attention in Singapore, its high beta suggests amplified volatility—providing both opportunities and risks for those considering exposure.
Check out the best brokers in Singapore!Compare brokersOur full analysis on Tesla stock
We have thoroughly reviewed Tesla’s most recent financial results alongside the stock’s multi-year performance, leveraging a robust synthesis of financial ratios, technical signals, competitive positioning, and market data via our proprietary algorithms. By integrating these diverse inputs, our analysis delivers a rigorous, up-to-date perspective attuned to both investors seeking strategic entry and those assessing long-term exposure. So, why might Tesla stock once again become a strategic entry point into the technology and mobility sector in 2025?
Recent Performance and Market Context
Stock Price Dynamics Over Three Years
Over the past three years, Tesla’s stock (NASDAQ: TSLA) has undergone a dynamic evolution, marked by pronounced volatility but sustained by innovation-driven sentiment. After peaking above USD $400 in late 2021 (split-adjusted), Tesla underwent a period of consolidation throughout 2022, reflecting broader sectoral corrections in high-growth equities. In 2023, TSLA rebounded sharply, advancing over 100% at its peak, as EV adoption accelerated and the company delivered record volumes. Despite some pressure in early 2024—reflecting macro headwinds and profit-taking—the share price has stabilised around the $185–$190 range (as of mid-June 2024), with a market capitalization near $600 billion, retaining magnitude as one of the top U.S. equities by market cap.
Positive Recent Developments
- Q1 2024 results: While revenue was slightly below consensus ($21.3B vs. $22B estimated), margins stabilised and management reaffirmed targets for positive FCF and disciplined capex in the remainder of 2024.
- China strategy: Tesla secured approval for Full Self-Driving (FSD) beta testing in China and deepened partnerships with local tech giants, underpinning growth in the world’s largest EV market.
- AI and Robotics: Significant progress in Tesla’s Dojo AI training supercomputer and the Optimus humanoid robot prototypes highlight Tesla’s drive to diversify revenue streams and reinforce its technology leadership narrative.
- Supercharger network expansion: Continued build-out and interoperability agreements have fortressed Tesla’s EV ecosystem, solidifying its competitive moat.
Macroeconomic and Sector Tailwinds
On a macro level, several factors are converging in Tesla's favour:
- Accelerating EV penetration: Global EV sales are projected to surpass 20 million units in 2025, with increasingly supportive regulatory frameworks in the U.S., Europe, and Asia encouraging adoption.
- Falling input costs: Lithium and battery material prices have moderated, providing relief to gross margins and lowering cost pressures.
- AI and automation thematic: The public market's appetite for AI-related equities continues to benefit Tesla, with its vertical integration offering compelling exposure beyond traditional automakers.
The alignment of these positive vectors suggests that current market conditions are conducive to renewed investor interest in Tesla for Singapore-based and global portfolios alike.
Technical Analysis
Key Technical Indicators: RSI, MACD, Moving Averages
Tesla’s technical framework suggests the stock is entering a period of constructive consolidation with growing potential for bullish reversal:
- Relative Strength Index (RSI): Currently hovering near 45, RSI suggests the stock is neither overbought nor oversold, providing technical “headroom” for upward moves.
- Moving Average Convergence Divergence (MACD): Having recently crossed above its signal line, MACD points to the emergence of positive momentum.
- 50/200-Day Moving Averages: TSLA is consolidating just below its 200-day moving average (circa $210), with the 50-day MA flattening, setting the stage for a possible “golden cross” if positive price action continues.
Support Levels and Bullish Signals
- Strong Support: The $170–$185 zone has repeatedly attracted dip-buying over the last 6–9 months, while the broader $150 level offers further downside cushion.
- Reversal Patterns: A double-bottom formation around $170 has materialised, often a precursor to trend reversals in growth equities.
- Momentum: Short- and medium-term structure signals stabilisation, mitigating further downside and enhancing the probability of a pronounced upswing should catalysts materialise in H2 2024.
The convergence of these technical signals strongly suggests that Tesla is entering a new accumulation phase, favouring tactically timed entries.
Fundamental Analysis
Revenue and Profitability Growth
Tesla has demonstrated sustained top-line expansion:
- 2023 revenue: $96.8B (+19% YoY), underpinned by robust Model Y and Model 3 deliveries.
- Gross profit margin: Despite some compression (to ~17% in Q1 2024, down from 19% YoY due to strategic price cuts), Tesla continues to outperform peer automakers.
- Net income: $11.6B for 2023, reflecting ongoing operational efficiency.
- Free Cash Flow: Positive in 11 of the last 12 quarters, giving Tesla latitude for reinvestment into R&D and capacity expansion.
Strategic Expansion and Innovation
- Gigafactories: A global production footprint—with factories operational in Shanghai, Berlin, and Austin—has enabled Tesla to scale volumes while flexibly managing logistics costs.
- Product pipeline: Anticipated launches (Cybertruck ramp, Model 2, Roadster) and advancement in autonomous driving are likely to unlock incremental revenue streams.
- Energy and Storage: Tesla Energy’s revenue surpassed $6.0B in 2023, with accelerating deployment of Megapacks, Powerwalls, and utility-scale solar projects.
Valuation Metrics
Despite trading at a premium to traditional automakers, Tesla’s valuation aligns with premier high-growth technology companies:
- Price/Earnings (P/E): 49x (trailing), reflecting premium growth but well below its 2022 highs (>90x), and justified by double-digit revenue CAGR.
- Price/Sales (P/S): 6.2x, higher than OEMs, but justified given Tesla’s vertical integration, software-based revenue, and ecosystem stickiness.
- PEG Ratio: At 1.49x, the PEG ratio suggests Tesla’s current valuation is supported by its forward growth trajectory, contrasting favourably with other tech leaders.
Structural Strengths
- Market Leadership: Tesla remains the world’s dominant pure-play EV brand, boasting over 20% global market share.
- Iconic Brand and Ecosystem: Exceptional customer loyalty, sustained product innovation, and a durable lead in vehicle software and over-the-air updates.
- Innovation DNA: In-house chips (HW4), full-stack software, and AI investments differentiate Tesla, making it less vulnerable to traditional cyclical risks in auto manufacturing.
- Sustainability Commitment: Tesla regularly tops ESG rankings within the mobility sector, with carbon reduction at its operational core—an appealing trait in Asian and Singaporean investment mandates.
Across fundamental dimensions, Tesla’s operational and strategic profile remains robust, offering compelling justification for long-term renewed interest at current price levels.
Volume and Liquidity
Sustained Trading Volume Signals Confidence
Tesla consistently ranks among the top five U.S. equities by daily traded volume, with an average of 65 million shares changing hands daily in Q2 2024. This robust liquidity:
- Enables institutional investors and Singapore-based funds to establish meaningful positions without significant price impact.
- Reflects resilient retail and institutional demand, even during market pullbacks.
Favourable Float for Dynamic Valuation
- The sizeable public float and participation by major index funds (such as the S&P 500, Nasdaq 100) enhance Tesla’s weighting in global ETFs, fostering sustained inflows and outflows in alignment with macro and sector themes.
- High liquidity is synonymous with operational transparency and risk management flexibility, further strengthening Tesla’s position as a preferred vehicle for tactical and strategic allocations.
Catalysts and Positive Outlook
Product Roadmap and Innovations
Tesla’s upcoming calendar is richly populated with potential upside catalysts:
- Model 2: Widespread anticipation surrounds the launch of a more affordable Tesla (projected below $25k), strategically targeting mass-market adoption in Asia-Pacific, which could drive exponential volume growth.
- Cybertruck and Roadster: Although delivery profiles are ramping gradually, both sustain Tesla’s innovation narrative and capture new market segments.
- AI, FSD, and Dojo: The build-out of Full Self-Driving as a licensed platform positions Tesla at the intersection of mobility and AI, augmenting software-based margin expansion.
- Energy and Storage: New mega-projects with government and Fortune 500 clients could unlock multi-billion dollar recurring revenue streams.
- ESG Initiatives: Tesla’s leadership on renewable integration, circular battery supply chain, and environmental transparency are in sync with prevailing themes among Singaporean and global institutional investors.
Upward Macro and Regulatory Context
- Incentives and Regulation: Ongoing regulatory support for fleet decarbonisation—spanning China’s NEV credits to Europe’s stringent CO2 fleet targets and U.S. credits—are tailwinds for Tesla’s core business.
- Tech Sentiment: Re-ratings of AI-related and “Magnificent Seven” stocks create positive spillovers, with Tesla frequently featuring in innovation-centric portfolios.
- Consumer Trends: Post-pandemic demand for clean mobility remains intact, while improvements in battery range and supercharging infrastructure address traditional adoption barriers.
These convergent developments may well propel Tesla into a renewed bullish cycle as 2024 gives way to 2025, with the stock’s risk/reward profile seemingly tilted in favour of proactive investors.
Investment Strategies
Short-Term, Medium-Term, and Long-Term Entry Scenarios
- Short-Term: For tactical investors, current consolidation levels around $185–$190 align with strong technical support, ideal for entries ahead of key catalysts such as Q2 earnings and new FSD launches.
- Medium-Term: Anticipated improvements in supply chain efficiency, growing deliveries, and software monetization make a compelling case for multi-quarter positioning, with the potential for multiple expansion as execution risk abates.
- Long-Term: Tesla’s vision—spanning not only EVs but also world-class AI, distributed energy, and robotics—may catalyse a secular transformation in multiple trillion-dollar industries. The company’s relentless innovation cycle and vertically integrated model secure “optionality” that is rare in the industrial-technological complex.
Ideal Positioning
- Valuation reset: The normalisation from 2022 elevated multiples means that the stock is now at an attractive entry point relative to its strongest long-term growth prospects.
- Ahead of Catalysts: Proactive exposure before high-impact product announcements, regulatory wins, or market share gains in underpenetrated markets (e.g., ASEAN, India) may offer meaningful outperformance.
Investors seeking exposure to paradigm-shifting sectors—autonomous vehicles, AI, renewable energy—may find Tesla’s current profile exceptionally well-timed for accumulation.
Is It the Right Time to Buy Tesla?
Summary of Key Strengths
- Market leadership in electric vehicles, with defensible international scale.
- Ongoing innovation across software, hardware, and energy—and unique exposure to “future-of-mobility” themes.
- Resilient financial profile: double-digit revenue growth, strong free cash flow, and moderated valuation multiples.
- Favourable technical structure signalling a possible transition into a bullish phase.
- Robust trading liquidity, ensuring execution flexibility and index inclusion appeal.
- Pipeline of high-momentum catalysts, spanning products, AI, and sustainability narratives.
Optimistic Projection & Buy-Side Encouragement
With technical, fundamental, and strategic vectors all aligning, Tesla stock seems to represent an excellent opportunity for investors aiming to position in global technology and sustainability megatrends at an attractive technical and valuation reset. The fundamentals justify renewed interest as we move toward a period rich in catalysts—be it from product launches, regulatory tailwinds, or advances in software monetization. Tesla may be entering a new bullish phase, and for Singapore-based or global investors seeking technology sector exposure, the current market context provides compelling grounds to seriously consider adding Tesla to a diversified portfolio.
In sum, Tesla’s trajectory is poised at the intersection of innovation and scale—making it a stock that demands close attention and offers a rare blend of upside potential and blue-chip confidence in today’s market landscape.
How to buy Tesla stock in Singapore?
Buying Tesla stock online is now simpler and more secure than ever for investors in Singapore, thanks to regulated brokers offering user-friendly web and mobile trading platforms. You have two main ways to access Tesla shares: classic spot buying (where you own the shares directly), or trading via Contracts for Difference (CFDs), which allows for leveraged trading and the potential to profit whether the market rises or falls. Understanding the differences between these approaches is key—compare local brokers further down the page to find the best fit for your needs.
Cash buying
A cash purchase, or spot buying, of Tesla stock means that you buy the shares outright, becoming the legal owner. This approach is straightforward: you pay the full value of the shares plus any applicable brokerage commissions (which are typically fixed, such as SGD $5–$10 per trade, depending on the broker).
Informations importantes
For example: Let’s say Tesla shares trade at USD $200, and you have SGD $1,350 (roughly USD $1,000) to invest. After accounting for a SGD $7 (about USD $5) brokerage fee, you could buy about 4.98 shares.
Gain scenario: If Tesla’s price rises by 10% to USD $220, your shares would be worth about SGD $1,485—giving you a gross gain of approximately SGD $135 (+10%) on your initial stake (excluding fees and currency changes).
Trading via CFD
CFD trading lets you speculate on Tesla’s price movements without owning the shares. With CFDs, you can use leverage—meaning you only need a fraction of the total value to open a larger position. The main fees are the spread (difference between buy and sell price) and overnight financing if you hold positions for multiple days.
Informations importantes
For example: With SGD $1,350 (USD $1,000) and 5:1 leverage, you could open a CFD position worth SGD $6,750 (USD $5,000).
Gain scenario: If Tesla’s share price rises by 8%, the value of your position increases by 40% (8% × 5). You could earn a profit of SGD $540 (USD $400) on your SGD $1,350 stake—before fees.
Final advice
Before investing, carefully compare broker fees and trading conditions: commission, spreads, currency conversion, and overnight costs can all impact your returns. Ultimately, the decision between buying shares directly or trading via CFDs depends on your goals and risk tolerance. Use the detailed broker comparison further down the page to make a well-informed choice that supports your investment strategy.
Check out the best brokers in Singapore!Compare brokersOur 7 tips for buying Tesla stock
📊 Step | 📝 Specific tip for Tesla |
---|---|
Analyze the market | Examine global and regional demand for electric vehicles, especially in Asia-Pacific, as this impacts Tesla’s growth potential. |
Choose the right trading platform | Select a MAS-regulated brokerage in Singapore that offers access to US stocks, ensuring cost-effective and secure trading of Tesla shares. |
Define your investment budget | Decide how much to invest in Tesla based on your personal risk profile, and avoid over-concentration by balancing with Singapore-listed stocks. |
Choose a strategy (short or long term) | Consider a long-term approach to benefit from Tesla’s innovation in battery technology and ongoing global expansion. |
Monitor news and financial results | Track Tesla’s quarterly earnings, new product launches, and updates on Singapore’s EV infrastructure as they can impact stock movements. |
Use risk management tools | Set price alerts, stop-loss, or take-profit orders to navigate Tesla’s volatility and protect your capital. |
Sell at the right time | Reassess your position around significant earnings releases or global policy changes for EVs, and lock in gains when your investment goals are met. |
The latest news about Tesla
Tesla shares rally after Q2 deliveries beat analyst forecasts. In the past week, Tesla’s stock surged over 10% after the company announced stronger-than-expected Q2 vehicle deliveries, totaling 443,956 units, surpassing consensus estimates of around 439,000. This performance reassured investors about sustained demand and operational improvements in Tesla’s global business, which is closely monitored by institutional investors in Singapore due to the city-state’s role as a regional financial hub and significant Tesla market. The upbeat delivery numbers have been well received on the Singapore Exchange, with local funds and retail investors showing renewed confidence in the stock’s outlook.
Tesla expands its charging infrastructure and presence across Southeast Asia, including Singapore. This week, Tesla launched several new Superchargers in Singapore and announced plans to further extend its charging network across the region. The latest expansion not only strengthens Tesla's ability to support existing customers but also fosters broader electric vehicle adoption, directly aligning with Singapore’s green mobility initiatives. These infrastructure developments are viewed positively by industry analysts in Singapore, as they enhance Tesla’s brand perception and reinforce its commitment to solidifying market share in the city-state, supporting long-term growth potential for the stock.
Singapore sees increasing number of Tesla vehicles and supportive regulatory environment. Recent figures from the Land Transport Authority indicate a steady rise in Tesla vehicle registrations, making the marque one of the most popular EV brands in Singapore. The continued government incentives for electric vehicles—such as tax rebates and preferential registration fees—have contributed to Tesla's positive momentum. These policy measures, coupled with Tesla’s visible presence, underpin a favorable local demand outlook and strengthen investor belief in the sustainability of the company's Southeast Asian strategy.
Strategic partnerships with local entities reinforce Tesla’s regional supply chain. Tesla recently confirmed new partnerships with key suppliers and logistics companies in Singapore and neighboring countries. These collaborations, officially announced via company statements, aim to streamline parts delivery and optimize after-sales service operations, which are critical for supporting growing Tesla ownership in the region. Enhanced operational efficiency in Southeast Asia is expected to mitigate potential supply chain disruptions and generate incremental business value, a fact regarded as a positive signal for shareholders.
Positive analyst revisions and upgrades in response to recent performance. Following recent operational milestones, several major brokerages—including global banks with operations in Singapore such as DBS and Standard Chartered—issued positive outlooks and, in some cases, upgraded their price targets for Tesla. These expert reassessments cite the better-than-anticipated delivery data, improving regional fundamentals, and ongoing investment in charging infrastructure. For Singapore-based investors, such endorsements from credible financial institutions further reinforce the constructive sentiment surrounding Tesla’s growth prospects in the region.
FAQ
What is the latest dividend for Tesla stock?
Tesla stock does not currently pay a dividend. The company has consistently focused on reinvesting profits into innovation, expanding production, and enhancing infrastructure rather than distributing earnings to shareholders. Historically, Tesla has never issued a cash dividend since going public. This approach aligns with its growth-oriented strategy and leadership position in the electric vehicle sector.
What is the forecast for Tesla stock in 2025, 2026, and 2027?
Based on the current share price of USD 182.19, the projected value for Tesla stock is USD 236.85 at the end of 2025, USD 273.29 at the end of 2026, and USD 364.38 at the end of 2027. These projections reflect Tesla’s ongoing leadership in electric vehicles and renewable energy, supported by strong industry trends and ambitious technological advancements.
Should I sell my Tesla shares?
Holding onto Tesla shares may be a reasonable strategy for investors, given the company’s proven resilience, growth drivers, and strong leadership in the electric vehicle industry. Tesla has a history of innovation and maintaining a competitive edge, which has consistently supported its valuation. With robust mid- to long-term potential and sector momentum, keeping your shares could allow you to benefit from future growth, provided it aligns with your financial objectives.
How are Tesla stock gains taxed in Singapore?
In Singapore, capital gains from selling foreign stocks like Tesla are not subject to taxation, as Singapore does not tax capital gains for individuals. However, any dividends received are typically subject to a 30% U.S. withholding tax, with no additional local tax payable in Singapore. Singaporean investors should be aware that Tesla stock is not eligible for local tax-advantaged accounts, as such schemes are not currently offered for foreign equities.
What is the latest dividend for Tesla stock?
Tesla stock does not currently pay a dividend. The company has consistently focused on reinvesting profits into innovation, expanding production, and enhancing infrastructure rather than distributing earnings to shareholders. Historically, Tesla has never issued a cash dividend since going public. This approach aligns with its growth-oriented strategy and leadership position in the electric vehicle sector.
What is the forecast for Tesla stock in 2025, 2026, and 2027?
Based on the current share price of USD 182.19, the projected value for Tesla stock is USD 236.85 at the end of 2025, USD 273.29 at the end of 2026, and USD 364.38 at the end of 2027. These projections reflect Tesla’s ongoing leadership in electric vehicles and renewable energy, supported by strong industry trends and ambitious technological advancements.
Should I sell my Tesla shares?
Holding onto Tesla shares may be a reasonable strategy for investors, given the company’s proven resilience, growth drivers, and strong leadership in the electric vehicle industry. Tesla has a history of innovation and maintaining a competitive edge, which has consistently supported its valuation. With robust mid- to long-term potential and sector momentum, keeping your shares could allow you to benefit from future growth, provided it aligns with your financial objectives.
How are Tesla stock gains taxed in Singapore?
In Singapore, capital gains from selling foreign stocks like Tesla are not subject to taxation, as Singapore does not tax capital gains for individuals. However, any dividends received are typically subject to a 30% U.S. withholding tax, with no additional local tax payable in Singapore. Singaporean investors should be aware that Tesla stock is not eligible for local tax-advantaged accounts, as such schemes are not currently offered for foreign equities.