Do you want to buy Tesla Shares in India? Yes, it’s possible, and you can invest directly in Tesla. Here you will see a step-by-guide to Buy tesla stock or any other US stock for that matter.
How to Buy Tesla Shares in India?
There are many Indian Stockbrokers who offer you Trading in Overseas stocks, especially US Stocks.
Once you register with any of those brokers you can take additional steps to Activate overseas trading on your account.
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For Example Zero Brokerage Trading platforms like Groww, 5Paisa, Indmoney, and Vested offer you the option to trade in foreign stocks.
But, You can’t just head over to their website and start buying the stocks.
Of course, there are certain rules and regulations involved while dealing with foreign stocks.
And you may also have to pay extra charges depending on which platform you are using.
So let’s start with How can you Buy Tesla Shares in India.
Step-by-Step process to Buy Tesla Shares in India
You can use any of the Zero Brokerage trading platforms that offer you the option to invest in US stocks.
For the sake of simplicity, let’s go with Groww.
Before proceeding make sure you have an active trading account with Groww app.
Once you are registered, you have to go thru eKyc again to invest in US stock.
Once you have a Groww Trading account, you can follow this process:
- First, Head over to Groww Website By using this link.
- Tap on Start Investing button.
- A Pop will open and you have to enter the email id that you already registered with Groww.
- Hit the continue button.
- Follow along to registration and upload all of the required documents.
- Finish up your eKyc and wait till your account is approoved.
- Add balance using your linked bank account
- Once your account is registered, type ‘Tesla’ in search bar.
- Enter how much shares you want to buy.
- Complete payment.
Congrats you successfully buying Tesla shares.
That’s How anyone can Buy Tesla Shares in India or any of the Top US stocks such as Amazon, Alphabet, Meta, and so on.
About Tesla Company
Tesla is an American electric vehicle company that becomes quite famous for its Smart Cars.
Tesla is not only a vehicle company, but it also working toward providing green energy.
It was founded in July 2003 by Marting Eberhard and March Tarpenning and later Elon musk its largest shareholder and chairman of the company.
More Information about Overseas Trading
Money Indian brokers have tie-up with the Stockbrokers in the United States.
What Indian trader needs are an Overseas trading account with any of those brokers who facilitates Direct investments.
Once you have an Overseas Trading account with any of the Foreign or Domestic broker who provides investment in US stock you can start trading right away.
But remember that Trading in Foreign stock is not as easy as picking domestic stocks.
The charges are high and there are certain restrictions that you have to understand as well.
So, Once you have enough understanding you can Open an Overseas Trading account with a Foreign Broker or a domestic broker who provides this service.
But just in case you prefer to keep things simpler you can instead invest in Mutual Funds, Exchange-Traded funds who have held in those companies.
