Tesla xStock (TSLA)
Unlock Schedule
Tesla xStock (TSLA) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Tesla xStock (TSLA) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence TSLA price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Supply mechanics and backing
- On-demand issuance and redemption: TSLAx supply expands when new tokens are issued against acquired shares and contracts when tokens are redeemed.
- 1:1 economic exposure: The issuer maintains collateralization so that each token tracks the underlying equity’s value.
- No shareholder rights: Holders have economic exposure, not corporate voting or direct claims on Tesla, Inc. as a company. (assets.backed.fi)
Fees and identifiers
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)
Utility in crypto apps
- Collateral in DeFi: Platforms have integrated xStocks as borrowable collateral, enabling holders to access liquidity without selling their TSLAx.
- Liquidity and swaps: DEXs and aggregators on Solana route TSLAx markets for instant swaps.
- Portfolio building: Users can combine tokenized equities with stablecoins and crypto assets in one wallet for a unified, programmable portfolio. (solana.com)
Assumptions
- Supply is uncapped and minted/burned on demand by the issuer upon primary issuance/redemption.
xStocks documentation describes issuance/redemption process; no fixed cap or vesting schedules.
- Modeled historical issuance as linear between 2025-07-07 and 2026-02-05.
Actual mints/redemptions are event-driven and irregular; detailed month-by-month on-chain issuance data not publicly aggregated. Linear modeling provides a chartable monthly series.
- No team, investor, treasury, PoW/PoS or protocol-inflation allocations.
Product is a tracker certificate backed 1:1 by underlying equity; tokens are ERC-20/SPL securities, not a native chain.
- Dividends and stock splits are implemented via multipliers/rebases, not additional token issuance.
xStocks FAQs/technical docs specify dividends are reinvested and reflected via a multiplier on tokens.
- Ticker is TSLAX for the token; user-provided TSLA is the underlying equity’s ticker.
Backed product page and exchanges list the token as TSLAx/TSLAX.
- Current issued supply set to 164,498 TSLAX for modeling.
Multiple secondary sources (CMC, KuCoin, CoinCodex) report ~164.5k circulating; CoinGecko/Bybit show lower figures likely due to partial network coverage or update timing.
- 1. https://assets.backed.fi/products/tesla-xstock
- 2. https://docs.xstocks.fi/legal-and-compliance/tokenization
- 3. https://docs.xstocks.com/frequently-asked-questions
- 4. https://arbiscan.io/token/0x8ad3c73f833d3f9a523ab01476625f269aeb7cf0
- 5. https://coinmarketcap.com/currencies/tesla-tokenized-stock-xstock/
- 6. https://coincodex.com/crypto/tesla-tokenized-stock-xstock/
- 7. https://www.kucoin.com/price/TSLAX
- 8. https://www.coingecko.com/en/coins/tesla-xstock/usd
Allocations
Description
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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 |