Express Certificate Tesla Express 4 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+0.180 (+0.20%) Bid- Ask- Last updateFeb 23, 2024
08:08:42.395
UTC
Underlying price 191.93 Change underlying-2.77% Starting value265.28 Next Express valuation level265.28
Name
Tesla Express 4
ISIN / WKN
AT0000A35XK2 / RC1AP7
Underlying
Underlying price
USD 191.93 (-2.77%)
Feb 23, 2024 20:59:56.618
Starting value
EUR 265.28
Observation redemption level
on the final valuation date
Early redemption level
265.28 / 238.75 / 212.22 / 185.70 / 159.17
Early redemption price
115.00% / 130.00% / 145.00% / 160.00% / 175.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Jul 25, 2023
Issue date
Jul 26, 2023
Valuation dates
Jul 24, 2024 / Jul 24, 2025 / Jul 23, 2026 / Jul 22, 2027 / Jul 20, 2028
Final valuation date
Jul 20, 2028
Maturity date
Jul 27, 2028
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
-
Spread in %
-
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

This certificate provides the opportunity for early redemption each year and enables investors to obtain a yield of 15% per year if the price of the Tesla share quotes on one of the annual valuation days 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.