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Tesla Revealed As The Most Googled Stock Across The EU

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The global stock market is worth over $60 trillion, with the New York Stock Exchange being the largest stock exchange in the world, worth over $27 trillion alone, according to Statista.

Over 630,000 companies worldwide that have been traded on the stock exchange. A 2022 report by Statista reports that, the biggest stocks in the world by revenue are:

  • Apple (NASDAQ:AAPL) revenue $378.3 billion
  • Saudi Arabian Oil (2222.RS) revenue $346.5 billion
  • Microsoft (NASDAQ:MSFT) revenue $184.9 billion

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However, what is the most popular stock in each country in the EU? Well, CMC Markets has revealed the most searched for stock in each EU country using Google search data, as well as how many monthly searches they receive on average.

Let’s look at the results:

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

Tesla: The Most Popular Stock In The EU

Tesla is by far the most popular stock in the EU, with 24 countries searching for “Tesla stock” the most frequently. Sweden is the country searching the most, with 205,000 searches, followed by Netherlands on 164,000 and Finland with 93,000 searches a month.

Tesla (NASDAQ:TSLA), the world's largest automaker by market value, designs, builds, and markets fully electric vehicles (EV) and in 2021 had a revenue of over $58 billion, according to the company’s end of year financial reports.

The company was founded in 2003 as Tesla Motors by Martin Eberhard and Marc Tarpenning, with Elon Musk investing in the company in 2004 and eventually becoming the chairman, a position he resigned from in 2018.

This year, on April 20, Tesla reported Q1 net income of $3.3 billion, as revenue grew by 81% year-on-year to $18.8 billion. Tesla remains the most popular stock in the EU, with countries such as France, Spain, Italy and Portugal also listing it as the most popular.

AMC Entertainment Holdings (NYSE:AMC) is the second most popular stock in the EU, with two countries searching for this stock the most, Denmark and Germany, both at 119,000 a month.

AMC was founded in 1920 and Chinese conglomerate Wanda Group owned a majority stake in the company up until 2018. As of 2021, According to their end of year financial report, the revenue for AMC is over $2 billion.

Finally, GameStop (NYSE:GME) was the most searched stock in one country, Croatia, with 12,000 searches a month.

GameStop is an American video game, consumer electronics and gaming merchandiser founded in 1894, and in 2021 had a revenue of over $6 billion, according to their financial report.

Both AMC Entertainment Holdings and GameStop are known as meme stocks, a term used to describe a stock that has seen an increase in volume, not because of how well the company performs, but due to social media hype or public interest.

For this reason, these stocks can become overvalued, with huge price increases in a short period of time. Other meme stocks include Blackberry and Nio.

Brand Recognition

A spokesperson for CMC Markets said: “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.”

“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.”

The study was conducted by CMC Markets, a leading global provider with 30 years’ experience enabling users to spread bet and trade CFDs on thousands of financial instruments. Find out more here.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when spread betting and/or trading CFDs. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.