Does the Electric Vehicle Industry Have What it Takes to Race Forward?

Owning your own electric vehicle is no longer a dream for the far-off future, it is a possibility you could grab in the present. Government initiatives and support, more charging infrastructure, the fast development of battery technology, and our own aspirations to lessen our carbon footprint are helping to push the electronic vehicle industry to new margins.

Tesla, Inc. has been leading the way in the industry since 2003 and the hype around its revolutionary products seems to get louder every day.

Read on to find out how the latest from Tesla is shaping the industry into one that will become more accessible for everyone. 

Tesla beat second-quarter delivery estimates

July opened with great news for Tesla as recent figures show it delivered a record number of cars for the second quarter of 2023. According to the numbers, the company delivered 466,140 vehicles from April to June, up 10% from the previous quarter, and 83% higher compared to the previous year. The handing over of vehicles even beat the average expectations of analysts polled by Refinitiv, who expected the delivery of cars to be only 445,000.

Could this mean that Tesla is on its way to delivering some of the highest number of models in the industry just like last year?  

How to invest in Tesla or another electric vehicle maker at CAPEX.com

1. Log in to your CAPEX account.
2. Be sure your account is already funded with our flexible payment options.
3. At the top right you can see the type of account you are in. Here you can choose if you want to trade CFDs or invest in real assets.
4. Go to the search icon at the top left of your WebTrader and enter Tesla or the name of another electric vehicle maker we provide trading on.
5. Select the instrument.
6. Enter the amount you wish and Select ‘Buy’ at the top. If you already have the stock and want to sell it, select the ‘Sell’ button.
7. That’s it! If your transaction was successful, you will be notified. 

If you’d like to make sure you’re using a safe and approved trading platform, visit https://www.capex.com/za to open your free trading account today.

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