Overview
Description
Tesla Inc. CDR (Canadian Depositary Receipt) represents shares of the innovative electric vehicle and clean energy company, Tesla Inc., within the Canadian market. The primary purpose of such a CDR is to allow Canadian investors to gain exposure to Tesla's performance without dealing directly in U.S. currency or markets. Tesla, headquartered in Palo Alto, California, is renowned for its impressive lineup of electric vehicles, energy storage products, and solar energy solutions. By investing in Tesla's CDR, holders are indirectly participating in sectors that Tesla significantly impacts, including the automotive industry, renewable energy, and advanced manufacturing. This financial instrument underscores the growing interconnectedness of global markets by offering international access to U.S.-based companies, allowing broader participation in their growth stories. The CDR format provides a convenient option for investors looking to diversify their portfolios while maintaining a focus on sustainable and forward-looking industries.
About
CEO
Mr. Elon R. Musk
Employees
125665
Address
1 Tesla Road
Austin, 78725, TX
United States
Austin, 78725, TX
United States
Phone
512 516 8177
Website
Instrument type
Depositary receipt
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
Germany
MIC code
XDUS