Research by CMC Markets has revealed Tesla has been searched the most times by investors across Europe.
The term “Tesla stock” was searched for the most frequently by 24 countries across Europe, providing valuable insight into the shares investors seek information on most often.
This highlights a great interest in Tesla shares, but it is open to interpretation whether this is lagging indicator in as far as the searches made by current holders, or possibly a leading indicator of investors preparing to buy the stock.
Tesla shares are currently down 435 year-to-date.
So-called ‘Meme Stocks’ AMC and GameStop were among other popular searches.
EU Country | Most searched Stock AHREFS | Monthly Searches |
Austria | Tesla | 14,000 |
Belgium | Tesla | 74,000 |
Bulgaria | Tesla | 12,000 |
Croatia | GameStop | 12,000 |
Cyprus | Tesla | 6,900 |
Czech Republic | Tesla | 25,000 |
Denmark | AMC Entertainment Holdings | 119,000 |
Estonia | Tesla | 20,000 |
Finland | Tesla | 93,000 |
France | Tesla | 44,000 |
Germany | AMC Entertainment Holdings | 119,000 |
Greece | Tesla | 23,000 |
Hungary | Tesla | 29,000 |
Ireland | Tesla | 19,000 |
Italy | Tesla | 88,000 |
Latvia | Tesla | 7,600 |
Lithuania | Tesla | 11,000 |
Luxembourg | Tesla | 4,700 |
Malta | Tesla | 6,200 |
Netherlands | Tesla | 164,000 |
Poland | Tesla | 41,000 |
Portugal | Tesla | 26,000 |
Romania | Tesla | 23,000 |
Slovakia | Tesla | 3,000 |
Slovenia | Tesla | 12,000 |
Spain | Tesla | 68,000 |
Sweden | Tesla | 205,000 |
“We’re seeing Tesla dominate interest in the stock market across the EU. The company is a major player in the stock exchange, and an industry leader across the electric vehicle (EV) market. Millions of people want to invest in a company with such a high reputation,” said a spokesperson for CMC Markets.
“There is also the environmental aspect which many people are drawn to. Tesla is a brand that positions itself as eco-friendly, and many people, particularly in the EU, want to associate themselves with brands such as these.”
“As fuel prices continue to rise all over the world, investors are looking to put their money into brands which can offer the best financial return in the future. As the EV market continues to grow, Tesla can be expected to increase in revenue in the future.”