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TSLA34

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1m

Analysis and statistics

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About

TSLA34.SA is the ticker symbol for a Brazilian Depositary Receipt (BDR) that represents shares of Tesla, Inc. (TSLA) traded on the B3, the Brazilian stock exchange. BDRs allow Brazilian investors to indirectly invest in foreign companies like Tesla without having to open an account on a foreign exchange. The '34' in the ticker signifies that it is a BDR, and its price will generally reflect the price of Tesla shares on the NASDAQ, adjusted for the BRL/USD exchange rate and the BDR's ratio (number of Tesla shares represented by each BDR).
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Factors

TSLA34.SA's price mirrors Tesla's performance and Brazilian market dynamics. Tesla's Performance: Tesla's earnings reports, vehicle delivery numbers, and technological advancements strongly influence TSLA34.SA. Positive news often drives the price up. Global Economic Factors: Global economic conditions, interest rates, and overall investor sentiment impact Tesla's stock and consequently TSLA34.SA. Brazil's Economic Climate: Brazil's inflation rates, interest rates, and economic stability affect investment appetite and TSLA34.SA's attractiveness. Exchange Rates: Fluctuations in the USD/BRL exchange rate impact the conversion between Tesla's USD-denominated stock price and TSLA34.SA's BRL price. Regulatory Environment: Changes in regulations related to electric vehicles in Brazil or globally can influence Tesla's market prospects and TSLA34.SA.

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