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Thematic

Tesla Income Notes

Information

We have put together a 1-year income note on one of the shares in the RAIA portfolio — Tesla.

  • Tesla, Inc. is the most high-profile electric vehicle manufacturer and clean energy company in the world today. Tesla’s current products include electric cars, battery energy storage, solar panels and solar roof tiles.
  • Elon Musk, Tesla’s CEO — and since yesterday, Tesla’s Technoking — is a serial founder of tech companies and enjoys a strong following amongst investors. Musk is heavily incentivised under a 2018 agreement which ensures he “will be compensated only if Tesla and all of its shareholders do extraordinarily well”.
  • Tesla also enjoys good relations with Chinese authorities who have supported it with tax exemptions on car sales and facilitated funding for the construction of its Shanghai factory. China is Tesla’s second-biggest market, after the US.

In USD, we can achieve a coupon in excess of 15%. Capital is at risk if Tesla’s share price is below 50% of its starting price after one year.

If you would like to see more information, or pricing in other currencies, please get in touch.