Tesla (Ondo Tokenized Stock)

Tesla (Ondo Tokenized Stock) is a token circulating under the symbol TSLAon that tracks the TSLA shares on Nasdaq of Tesla, Inc., which develops electric vehicles, energy storage and solar energy products. The issuer of Ondo Finance's tokenized stock products is Ondo Global Markets (BVI) Limited, a British Virgin Islands company; the token is available on Ethereum, BNB Chain, Solana and HyperEVM.

TSLAon is not a Tesla share: it gives its holder no voting right or direct claim against the company, and the economic exposure rests on the issuer's obligation. According to Ondo, the underlying shares are held with US broker-dealers, and an independent security agent acts on behalf of token holders. Eligible users can mint and redeem tokens five days a week; trading may be paused briefly around dividends and similar corporate actions. The product is not offered to persons in the United States or to investors in restricted countries.

On Lzzo.com, the TSLAon price comes from DefiLlama's US dollar reference data linked to its Ethereum contract address. Because corporate actions are reflected in the token value of Ondo tokens, the ratio between the raw token price and the TSLA price can change over time; while the underlying exchange is closed, the on-chain price can also diverge from the share.