TSLA has seen its stock price rise continuously recently, increasing by more than 35% since March. Although the company’s recent performance has not been particularly impressive, the market’s optimistic expectations for robotaxis, advancements in artificial intelligence, and news about new products have provided upward momentum.
At the same time, Tesla’s tokenized stock TSLAx has also attracted a lot of attention on cryptocurrency trading platforms like Gate. This article will provide you with a detailed analysis of the latest developments regarding TSLA and will guide you step by step on how to purchase TSLAx using the Gate xStocks section as an example.
Interpretation of Tesla’s latest developments, how are the stock price and business prospects?
TSL currently maintains a market capitalization of over 1 trillion USD, leveraging its strong brand, large operational fleet, and vertically integrated business model for an advantage. The management is currently focusing more on the rollout of autonomous taxi services, having launched a pilot in Austin.
However, the development of TSL has not been smooth sailing. In the second quarter of 2025, TSL car sales fell by 16% year-on-year, and profit margins also narrowed. Even by 2027, Wall Street’s performance forecast is not optimistic, with expected earnings per share (EPS) increasing from $1.69 in 2025 to $3.25 in 2027.
In terms of autonomous driving, TSL is facing off against companies like Waymo. Although TSL has advantages in software development and data accumulation, regulatory scrutiny is also intensifying. For example, recently TSL was ordered to pay $243 million in compensation for a fatal autonomous driving accident in 2019.
TSL is also facing challenges in the Chinese market, with the latest data showing a 27% year-on-year decline in its insurance registrations. However, TSL has launched a new six-seat Model Y L in China, aimed at consolidating its position in the increasingly competitive family electric vehicle market.
Understanding tokenized stocks TSLAx, how blockchain is transforming traditional finance?
xStocks is a tokenized stock solution launched by the Swiss compliant platform Backed Finance. It converts real listed company stocks, fully collateralized 1:1, into digital assets that can be freely traded on the blockchain. TSLAx is the tokenized version of Tesla stock, with each token backed 1:1 by real Tesla shares held by a regulated custodian.
The core advantages of xStocks include:
- 24⁄724/7 Trading: Breaks the traditional stock market time constraints of 9:30 AM to 4:00 PM (Eastern Standard Time), allowing users to respond to significant market movements at any time.
- Fragmented Investment: Supports a fractional share mechanism with a minimum purchase starting at 10 USD, significantly lowering the investment threshold for blue-chip stocks.
- Global accessibility: Global users can invest in tokenized US stocks without a US brokerage account, free from geographical restrictions.
- Real-time on-chain settlement: Replaces the traditional T+2 settlement cycle, greatly enhancing capital efficiency.
Purchase TSLAx Practical Guide, Comprehensive Analysis of Operations on Gate Platform
The process of purchasing TSLAx on the Gate platform is relatively simple and intuitive. Here are the detailed steps:
Preparation
- Register an account: Visit Gate.com (please ensure there are no access restrictions in your region) to complete the account registration.
- Identity Verification: To ensure full compliance and enhance the experience, it is recommended to complete identity verification.
- Deposit USDT: Deposit USDT into Gate’s [Spot Account] (multi-chain deposits supported) as the base currency for purchases. You can use various methods such as credit/debit cards, bank transfers, etc. to deposit.
Purchase process
After logging in, click on the 【Trading】 option at the top.
Select the 【xStocks Spot Zone】 or 【Alpha Spot Zone】.
Enter TSLAX/USDT in the search box, or directly visit the TSLAx page in the xStocks section.
Place an Order: You can choose a market order (immediate execution at the best price) or a limit order (set an ideal buying price and wait for it to trigger), and enter the purchase amount (minimum of 10 dollars, fractional shares supported).
Confirm Transaction: After the transaction is completed, you can check the TSLAx balance and floating profit and loss on the 【Assets】 page.
The risks and opportunities of investing in TSLAx, making rational decisions is crucial.
Investing in TSLAx provides a convenient investment channel, but there are also some challenges that need to be recognized clearly:
Potential risks
- Regulatory uncertainty: Regulatory agencies such as the SEC have not yet fully recognized the legality of tokenized stocks, and policies in various countries are still evolving.
- Shareholder equity differences: Holding tokenized stocks like TSLx does not grant voting rights in the corresponding company. Dividends are typically reflected indirectly through token value adjustments rather than being distributed directly.
- Technical and liquidity risks: Under extreme market conditions, short-term price differences of 2%-5% may occur, and some tokens may face issues of insufficient on-chain liquidity.
- Market volatility risk: The volatility of TSL stocks is significant, and its tokenized version will similarly reflect this volatility.
Future Opportunities
Despite the challenges, the TSLAx and xStocks alliance (including Backed, Gate and Solana Organizations are driving financial transformation. In the future, as more traditional assets land on the blockchain, a seamless experience of "one wallet, investing globally" is expected to become the standard configuration for a new generation of investors.
Summary
Tesla is at a critical turning point, with its automotive business facing pressures, while its autonomous driving and energy sectors carry the expectations for future growth. This traditional game between "expectation" and "reality" is also reflected in its tokenized stock TSLAx.
Through platforms like Gate’s xStocks section, investors can respond to the price fluctuations and future developments of TSL in a more flexible and convenient manner. However, before participating, it is essential to fully understand its advantages and potential risks, and to make prudent investment decisions based on one’s own risk tolerance.


