CashboardTokenized stocks · TSLA
TSLA stock vs tokenized TSLAx vs TSLA perp
TSLA now trades in up to three places: the exchange, on-chain as TSLAx and, where a HIP-3 market is listed, as a perp on Hyperliquid. This page lines them up. It matters most on Friday night, when the exchange shuts and the other two keep going.
What is Tesla?
Tesla builds electric cars, Megapack and Powerwall batteries and solar products, with Elon Musk as CEO. It bought $1.5 billion of bitcoin in early 2021, sold most of it in 2022 and still reports a smaller holding.
TSLA has had more on-chain versions than anyone needs. Backed issues TSLAx on Solana, Ethereum and nine other chains. Robinhood lists a TSLA Stock Token on Robinhood Chain for users outside the US. On Hyperliquid, the HIP-3 deployer XYZ runs xyz:TSLA with up to 20x leverage, and that is the market Cashboard reads. Felix, Kinetiq and dreamcash listed TSLA perps earlier, but those markets are now delisted.
Tesla news does not wait for Monday. When something breaks on a Saturday, the perp reprices first, because XYZ lets its oracle follow the perp's order book once outside prices stop on Friday night. TSLAx can move too on DEXs, but Backed does not issue or redeem it at weekends, so nothing ties it tightly to the share. That spread against Friday's close is what Cashboard tags as the weekend gap.
| Ticker | TSLA |
|---|---|
| Sector | Automotive |
| Token symbol checked | TSLAx (xStocks) |
| Sources in Cashboard | Yahoo Finance, xStocks by Backed, Hyperliquid |
How do you read the TSLA price gap?
The Tokenized stocks widget shows TSLA as one row with three prices. Token premium is how far TSLAx sits from the cash price. Perp basis is the same gap for the Hyperliquid perp, and funding tells you who pays to hold it. If a column shows n/a, that venue has no price for TSLA right now.
Does TSLA trade on Robinhood Chain?
Yes. On September 23, 2026, TSLA had a Robinhood Stock Token on Robinhood Chain and a perp on Lighter’s Robinhood Chain exchange. The Robinhood stock tokens widget compares the token with the cash share in basis points, adjusted for Robinhood’s share multiplier, but it prices only its top eight rows, so TSLA shows a premium only while it ranks there. Robinhood perps lists the Lighter perp, and its Funding view sets Lighter’s rate against Hyperliquid’s and Binance’s.
Where can you read more about Tesla?
Frequently asked questions
Is there more than one TSLA perp on Hyperliquid?
Not any more. HIP-3 lets outside teams deploy their own perp markets on Hyperliquid, and Felix, Kinetiq and dreamcash each listed Tesla at one point, but those markets are now delisted. The live one is XYZ's xyz:TSLA, and that is the one Cashboard shows.
Can US traders hold TSLAx or the Robinhood TSLA token?
No. Backed does not offer xStocks to US persons, and Robinhood says its Stock Tokens are not available in the US. Anyone can still watch the TSLAx price in Cashboard. On the web, the xStocks view of the Real-world assets widget also has a Buy button that loads TSLAx into a Jupiter swap, signed by your own wallet, and that swap does not check where you live, so the restriction is yours to follow.
Does Cashboard trade TSLA?
No. It reads prices and shows where they disagree. To try a trade on TSLA without real money, use the Paper trading widget on the board below. It marks positions to live prices and never sends an order.
More tokenized stock trackers
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- Consumer electronicsApple (AAPL)Apple makes the iPhone, Mac, iPad and Apple Watch, and runs services such as the App Store, iCloud and Apple Pay.
- Internet servicesAlphabet (GOOGL)Alphabet is the parent of Google, which runs Search, YouTube, Android, Chrome and Google Cloud.
- E-commerce and cloudAmazon (AMZN)Amazon runs a global online marketplace and Amazon Web Services (AWS), the cloud that many crypto infrastructure providers and node operators rent their servers from.
- Crypto exchangeCoinbase (COIN)Coinbase runs a US crypto exchange along with custody, staking and institutional services, and went public on Nasdaq through a direct listing in April 2021.
- BrokerageRobinhood Markets (HOOD)Robinhood Markets runs a commission-free app for stocks, options and crypto, and sells stock tokens to customers outside the US.
Related terms
Last reviewed . Market data in Cashboard comes from the providers named on each widget and may be delayed. Nothing here is financial advice.