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Tesla, Inc. Depositary Receipt issued by Krun...
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Overview

Description

Tesla, Inc. Depositary Receipt issued by Krung Thai Bank is a financial instrument that offers investors exposure to the performance of Tesla Inc.'s underlying ordinary shares, which are listed on the Nasdaq. Structured as a depositary receipt, this asset is issued by Krung Thai Bank and traded on the Stock Exchange of Thailand. Each receipt represents a fractional ownership interest in Tesla shares, with a conversion ratio of 5,000 depositary receipts equating to one underlying Tesla share. This facilitates participation in Tesla's global business—renowned for its leadership in electric vehicles, renewable energy solutions, and automotive technology—without the need to access international trading accounts or currencies. The product is designed to broaden access for Thai investors to prominent foreign equities, supporting diversification strategies and aligning with market trends favoring fractional and flexible investment options. Trading is available during both local and U.S. market hours, allowing active engagement alongside real-time developments in the sector. Tesla, Inc. Depositary Receipt plays a significant role in connecting the Thai investment community with leading-edge innovation in the global automotive and energy markets.

About

CEO
Mr. Elon R. Musk
Employees
125665
Address
1 Tesla Road
Austin, 78725, TX
United States
Phone
512 516 8177
Website
Instrument type
Depositary receipt
Sector
Industry
Country
Thailand
MIC code
XBKK
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