Banks are such thieves! Even Swissquote, maligned for being expensive, does not charge an annual deposit on traded shares and CHF200/year for depositing them.
Shares should be tax free when you sell them too - no capital gains tax.
It is a US traded stock. There will be capital gains tax upon sale by Uncle Sam.
I’ve bought and sold Tesla stock for 6 years now and never paid any…
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Are you sure?
Yes. One capital gain was well into 6 figures. The tax office wrote asking if I had received an inheritance. I replied that I sold my Tesla shares. No further comment or tax demand. That was 4 years ago…
Usually, the broker, especially if not US based, is responsible and handles the expected tax that a client must pay. The withholding is deducted from the sale and goes to the IRS. It is then up to the client to declare the sale to reclaim any overcharge. In your case it would of been with the IRS. Otherwise, any entitlement is forfeited.
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From Grok:
As a Swiss resident living in Zurich, you generally do not have to pay U.S. capital gains tax on U.S. shares bought and sold in U.S. dollars from Switzerland, provided you are not a U.S. citizen, U.S. resident, or otherwise subject to U.S. tax jurisdiction. The U.S. typically only imposes capital gains tax on U.S. citizens, U.S. residents, or non-residents with specific U.S.-source income or activities (e.g., conducting a trade or business in the U.S.). Since you are a Swiss resident and the transactions occur from Switzerland, U.S. capital gains tax would not typically apply.
Tesla Europe July sales minus 40% compared to July 2024. ByD outsold Tesla by 53% (volume).
Just saving Martin a job 
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I (re)bought Tesla shares on July 24, 2025 @ $304.58. They closed last night at $349.60. Up over 15%. But then Tesla is not only EVs…
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Indeed, AI and robots…by 2030.
You missed July sales were only 12% down versus last July in China
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Yes! It’s a glorified battery company with side shows.
Model Y Performance teasered for tomorrow:
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Didn’t a lot of Model Ys go to Canada, from the German factory?
Due to tariffs…
Model Y Performance available now. No 0% financing, no trade-in bonus. 63k cash.
Aren’t cars excempt from the tariffs under USMCA (NAFTA v2).
Canada has a 25% tariff on most vehicles imported from the United States that are not USMCA-compliant or contain significant non-Canadian/non-Mexican content.
Teslas pay a Canadian import tariff because they are primarily U.S.-made electric vehicles, subject to a 25% retaliatory tariff imposed by Canada in response to U.S. tariffs on Canadian goods.
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The cars for Canada now come from Germany anyway.
I wish revolut would let me buy shared of BYD…
Directly from the guy in charge:
Elon Musk’s lofty vision for Tesla includes less attention on electric vehicles and a doubling down on its autonomous robots, even as production for the bots have hit numerous snags.
The Tesla CEO said on Monday 80% of Tesla’s value would someday come from Optimus robots.