Price change (24h):
0.83%
High (24h):
$419.69
Low (24h):
$403.99
Volume (24h):
$7.79M
Market Cap:
$58.73M
All Time High:
17.69% $496.55
Dec 22, 2025
All Time Low:
40% $292.26
Jul 7, 2025
Tesla xStock
TSLAX37.53 %(1Y)
$408.76
About Tesla xStock
Tesla tokenized stock (xStock) (TSLAX) is a cryptocurrency representing tokenized equity in Tesla Inc. It resides within the burgeoning Real World Asset (RWA) sector, operating as a compliant, asset-backed digital instrument.
The asset dismantles longstanding barriers to US stock ownership. Non-US investors face capital controls, high brokerage fees, and regulatory opacity—xStocks deliver a direct 1:1 legal claim on the underlying share, eliminating intermediaries. The token integrates natively with decentralized finance protocols, meaning collateralization, lending, and liquidity provision occur without exiting the crypto ecosystem.
TSLAX operates on the Solana blockchain as an SPL token and also exists across several Ethereum Virtual Machine-compatible networks, including Ethereum, Arbitrum One, Mantle, and The Open Network. Each deployment adheres to the respective token standard—ERC-20 on Ethereum and Arbitrum, for instance—while the Solana variant leverages the high-speed, low-cost Solana runtime.
Backed Finance AG, the Swiss issuer, ensures every token represents a custodied Tesla share held in a bankruptcy-remote special purpose vehicle. The instrument complies with the EU Prospectus Regulation and is passported for marketing across the European Economic Area. Smart contract code is audited, and the underlying securities undergo regular reconciliation by third-party trustees. No minting can occur without corresponding deposit of the real equity.
The xStocks ecosystem emerged from Backed Finance AG, a Swiss firm bridging traditional securities and on-chain infrastructure. The project first gained traction as demand for permissionless equity exposure surged among DeFi users. Its multi-chain expansion gradually encompassed Solana, BNB Chain, and Toncoin ecosystems, reflecting a deliberate strategy to maximize composability across divergent execution environments.
Beyond mere representation, the initiative aims to rewrite market access entirely. It treats stock ownership not as a geographically bound privilege but as a programmable right. By encoding corporate equity into token form, the protocol disintermediates custodial banks and broker-dealers, collapsing settlement latency from days to blocktime.
TSLAX functions as a bearer instrument of sorts, cryptographically entitling the holder to the economic performance of Tesla stock—dividends and corporate actions are reflected in the token’s net asset value. The token itself does not govern a protocol; instead, it serves as a collateral asset across lending markets, AMM pools, and structured products. Redemption for the underlying shares is possible for eligible users, enforcing the 1:1 peg through arbitrage.
Liquidity providers deposit TSLAX into decentralized exchange pools to earn fees from traders seeking Tesla exposure without KYC friction. Lending protocols accept it as collateral, enabling leveraged strategies on a stock that was previously difficult to margin-trade outside the US. Arbitrageurs continuously align the on-chain price with off-chain equities markets, tightening spreads and ensuring price fidelity.
Tesla tokenized stock (xStock) has a total supply of 426,228.43 tokens. Currently, 140,298.97 are in circulation. With a market capitalization of $52,530,108.00, Tesla tokenized stock (xStock) ranks #463 among all cryptocurrencies.
Tesla xStock Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 07/07/2026 | $418.91 | $417.55 | $419.69 | $412.10 |
| 06/07/2026 | $399.74 | $417.95 | $418.75 | $394.23 |
| 05/07/2026 | $399.27 | $399.72 | $401.30 | $398.79 |
| 04/07/2026 | $399.15 | $399.08 | $400.71 | $397.25 |
| 03/07/2026 | $393.57 | $399.39 | $400.93 | $392.99 |
| 02/07/2026 | $425.33 | $392.06 | $431.31 | $389.89 |
| 01/07/2026 | $421.15 | $426.45 | $431.44 | $413.91 |
| 30/06/2026 | $407.54 | $421.60 | $423.60 | $404.71 |
Why is manual trading Tesla xStock a bad idea?
Manual tslax trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Tesla xStock (TSLAX) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live TSLAX price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Tesla xStock (TSLAX) is $408.76. Over the last 24 hours, it has moved 0.83%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Tesla xStock on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your TSLAX investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Tesla xStock's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - TSLAX can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Tesla xStock is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. TSLAX can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
