Express Certificate Tesla Express 2 The product related information contained herein is exclusively for information purposes only, intended for current investors or in case these products are displayed further to an individual search. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to any of the products described herein.
Change+0.570 (+0.73%) Bid77.32% Ask79.32% Last updateFeb 23, 2024
19:00:01.866
UTC
Underlying price 191.93 Change underlying-2.77% Starting value351.58 Next Express valuation level281.26
Name
Tesla Express 2
ISIN / WKN
AT0000A2TMK0 / RC041L
Underlying
Underlying price
USD 191.93 (-2.77%)
Feb 23, 2024 20:59:56.618
Starting value
EUR 351.58
Observation redemption level
on the final valuation date
Early redemption level
351.58 / 316.42 / 281.26 / 246.10 / 210.95
Early redemption price
109.50% / 119.00% / 128.50% / 138.00% / 147.50%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Nov 16, 2021
Issue date
Nov 17, 2021
Valuation dates
Nov 15, 2022 / Nov 15, 2023 / Nov 14, 2024 / Nov 13, 2025 / Nov 13, 2026
Final valuation date
Nov 13, 2026
Maturity date
Nov 18, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
USA
Suited market expectation
sideways, bullish
Spread homogenised
7.03
Spread in %
2.59%
Multiplier
-
Product currency
EUR
Underlying currency
USD
Settlement method
Cash settlement / Physical delivery
Tax treatment
Capital Gains Tax / No EU Withholding Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
Comments

The Tesla Express 2 certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 9.5% per year if the price of the Tesla share quotes at or above the annually declining termination level. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk and physical delivery of Tesla shares is effected.