Tesla Inc. Depositary Receipt (TSLAD) (TSLAD)

Profile

https://www.tesla.com

Tesla Inc. Depositary Receipt is a financial instrument that provides investors with exposure to the economic performance of Tesla Inc., a leading U.S.-based company focused on electric vehicles, battery energy storage, and renewable energy solutions. Structured as a depositary receipt, it represents an interest in underlying Tesla shares, typically corresponding to a fraction of a single share for more accessible investment. This allows investors to participate in Tesla's advancements in sustainable transportation and clean energy technologies without direct ownership of the U.S. shares. The receipt facilitates transactions in local currency, enhancing market accessibility, diversification, and connectivity between domestic capital markets and global innovators like Tesla. Tesla Inc. designs, manufactures, and sells all-electric vehicles, develops autonomous driving software, and offers energy generation and storage products including solar panels and powerwalls. Founded in 2003 and headquartered in Austin, Texas, Tesla Inc. plays a pivotal role in accelerating the transition to sustainable energy worldwide.