Tesla xStock (TSLA) Loading...
Tesla xStock (TSLAx) is a tokenized representation of Tesla, Inc. equity that lives on public blockchains. Instead of buying shares through a traditional broker, eligible users can hold a blockchain token that mirrors Tesla’s stock performance and can move between apps, exchanges, and wallets. In common search language, people may call it the TSLA token and check “TSLA price,” but on-chain it’s typically labeled TSLAx. Each token is designed to be backed 1:1 by underlying Tesla shares held with regulated custodians and issued under a prospectus regime, bringing a real-world asset into crypto-native rails. This makes Tesla xStock a bridge between traditional markets and the Tesla xStock blockchain economy, where value is programmable and composable across apps and smart contracts. (assets.backed.fi)
As of 2/27/2026 08:00 UTC, Tesla xStock (TSLA) trades at $407.96 with a -1.67% move over the last 24 hours.
The market capitalization stands at $52M, placing it at rank #433 by market value.
Daily trading volume is $18M. Tesla xStock (TSLA) has moved -0.99% over the past seven days and -5.82% across the last 30 days.
Tesla, Inc. was founded in 2003 by Martin Eberhard and Marc Tarpenning, with Elon Musk joining soon after as lead investor and later CEO. Tesla’s public mission is “to accelerate the world’s transition to sustainable energy,” spanning electric vehicles, energy storage, and solar. The company’s Master Plans outline this long-term vision. Major institutional investors such as Vanguard and BlackRock have long been among the largest holders of TSLA, while Elon Musk is the largest individual shareholder. (tesla.com)
Tesla xStock is not issued by Tesla, Inc. and does not make you a Tesla corporate shareholder. TSLAx is issued as part of the xStocks program by Backed Assets (JE) Limited, a Jersey-incorporated issuer within the Backed group. Backed Finance AG (founded by Adam Levi, Roberto Klein, and Yehonatan Goldman) develops the tokenization stack and distribution with partners. xStocks went live in mid-2025, bringing 60+ U.S. stocks and ETFs—including Tesla—on-chain. Launch partners included major exchanges and Solana DeFi integrations. (assets.backed.fi)
From day one, listings and integrations spanned Kraken and Bybit on the exchange side, and Raydium/Jupiter plus borrowing venues on Solana. This distribution-first approach helped the asset appear in wallets like Phantom/Solflare and across trading front ends quickly after launch. (blog.kraken.com)
Tesla xStock is issued in two token formats: SPL on Solana and ERC‑20 on Ethereum/EVM. For each TSLAx created, the issuer acquires an equivalent exposure to Tesla, Inc. shares with regulated brokers and custodians. The token is a digital bearer form of a tracking certificate under Swiss/EEA prospectus law rather than a corporate share. (assets.backed.fi)
TSLAx is designed to mirror the economics of the underlying stock. Pricing on centralized venues follows exchange order books, while on-chain prices can be sourced by oracles and DEX liquidity. Corporate actions (like stock splits) are handled at the issuer level and reflected in token balances or terms, and some venues auto-reinvest dividends by increasing your token balance of the same asset. (kraken.com)
Settlements on Solana finalize in seconds with low fees, and tokens can be moved to self-custody to use in DeFi. On-chain, TSLAx is just another token in your wallet, so you can swap it, pair it in liquidity pools, or post it as collateral where supported. This interoperability—centralized exchange to wallet to DEX—is the core advantage of the Tesla xStock blockchain model. (solana.com)
According to the Tesla xStock product page, the current management fee is set to 0% (with up to 0.25% per year possible later), and issuance/redemption fees can be up to 0.50%. The product lists an ISIN (CH1436219252) and supports both Ethereum (ERC‑20) and Solana (SPL) networks. These details form the base of Tesla xStock tokenomics and help users verify the instrument. (assets.backed.fi)
Tesla xStock DeFi integrations are live in the Solana ecosystem, with trading on Raydium and routing via Jupiter highlighted by the Solana Foundation’s case study. While NFTs and gaming are emerging areas, TSLAx can theoretically be used for game prizes, NFT-gated treasuries, or prize pools in crypto games, since it behaves like any other programmable token. This opens design space for creators who want real-world asset exposure inside Web3 apps. (solana.com)
The economic exposure ties back to Tesla, Inc., whose large institutional base includes asset managers like Vanguard and BlackRock, and the largest individual holder is Elon Musk. Tokenization simply puts that exposure onto rails most wallets and DeFi apps can use. (sec.gov)
Eligible, non-U.S. customers can get exposure to Tesla xStock on exchanges that support xStocks. Kraken lists tokenized equities with 24/5 trading and the option to withdraw to self-custody. Bybit also lists xStocks, through a partnership with Backed, with spot trading access. Availability depends on your jurisdiction and the exchange’s rules. If you’re searching “where to buy TSLA” in token form, check whether your region is supported. (kraken.com)
On Solana, TSLAx trades through DEXs and aggregators integrated with the xStocks program (for example, Raydium/Jupiter routing in the Solana ecosystem). For wallets, Solana users commonly use Phantom or Solflare, while the ERC‑20 version can be held in EVM wallets such as MetaMask. Hardware wallets that support Solana and Ethereum can help with self-custody of both token standards. (solana.com)
xStocks are issued as tracking certificates under Swiss law with a Base Prospectus approved by the Liechtenstein FMA (May 8, 2025) and supported legal documents, including Securities Notes and Final Terms. The issuer is Backed Assets (JE) Limited. Tokens are freely transferable on-chain, but the legal offer is limited to eligible investors and markets. (assets.backed.fi)
Exchanges clearly state that xStocks are not offered in certain regions (including the U.S., among others). Holders gain economic exposure to the underlying but do not obtain shareholder rights such as voting; some platforms reflect dividends by increasing token balances of the same asset. Users can withdraw to supported wallets and use TSLAx in DeFi where permitted. (kraken.com)
Is Tesla xStock halal? The underlying company, Tesla, Inc., is widely screened as Shariah-compliant by Islamic finance researchers and screening platforms, generally meeting business and financial ratio criteria. As a result, exposure to Tesla via TSLAx is generally seen as compatible with halal investing screens. Some scholars note dividend purification may be advisable to account for any minor non-compliant income. In short: Yes—TSLA shariah compliant exposure is broadly supported in current screenings, making “Tesla xStock halal” a reasonable classification for many Muslim investors today. (islamicfinanceguru.com)
The early months of xStocks show a fast-growing pipeline of listings and integrations, with Solana becoming a popular venue thanks to speed and low fees. If more exchanges, wallets, and money markets adopt tokenized equities, expect deeper liquidity, more cross-chain support, and smoother corporate-action handling. This could make checking TSLA price on-chain as routine as checking a crypto pair in a wallet. (solana.com)
As builders explore “Tesla xStock DeFi, NFTs, gaming,” expect experiments like NFT vaults backed by tokenized equities, game leaderboards that pay out in TSLAx, or subscription models that use tokenized stock flows. The core idea is simple: once an asset is a token, developers can combine it with any on-chain primitive.
Major exchanges and infrastructure partners are already involved in distribution and custody. As standards mature—prospectus regimes, token extension features, audited custody—institutional comfort should rise. That, in turn, could drive more acceptance for real-world assets onchain and clarify Tesla xStock regulatory status across regions. (blog.kraken.com)
Tesla xStock (TSLAx) brings Tesla’s equity exposure onto public blockchains with a clear legal wrapper, multi-chain token formats, and growing integrations across exchanges and DeFi. The design centers on 1:1 economic linkage to the underlying stock, programmable settlement, and wallet-native portability. For learners and builders, it’s a practical case study of how real-world assets move on-chain: TSLA token exposure you can hold, move, and use. Backed’s prospectus framework, exchange distribution, and Solana/Ethereum support make this one of the more mature tokenization efforts to date. With compliance gating by venue and strong community interest in use cases from collateral to swaps—and even NFTs and gaming experiments—Tesla xStock is carving out a durable role in the crypto economy without replacing the role of traditional Tesla shares. (assets.backed.fi)
Tesla is an American company that designs and manufactures electric vehicles, energy storage systems, and solar products. Its core business is producing innovative cars and clean energy technology.
| Sector: | Tokenized Stocks |
| Blockchain: | Solana |
