Perak Engineer Wins Rakuten Trade’s Tesla Giveaway Campaign

Last year, Rakuten Trade made waves alongside Tesla Malaysia’s debut, launching the innovative ‘Tesla Share Giveaway’ Campaign.

The fully digital broking services provider followed this with the ‘Trade Smart & Win A Tesla’ Campaign, which offered a lucky Malaysian the chance to Tesla Model Y.

Tesla winner had made over 200 trades in Q4 2024

According to the statement provided by Rakuten Trade, one of the fortunate winners was Mr. Yee Yit Tong, a 39-year-old engineer from Tapah, Perak.

He had begun using Rakuten Trade in 2019. Yee praised the platform’s user-friendly interface, low brokerage fees, and rewarding program, which empowered him to explore trading strategies with confidence.

The lucky winner shared his experience in embarking on the world of equities with the right tools and resources available on Rakuten Trade’s online platform. His experience underscores the potential for rewarding experiences in the equities market.

Mixed outlook for Tesla and EV shares

Tesla has been in the news in recent weeks for its job cuts and Cybertruck recall. Tesla shares stumbled in the last weeks of April.

This was amidst global price cuts which triggered concerns about dwindling margins for Tesla stock before its earnings report recently. In addition, EV sales globally is facing increasing competition amidst a high interest rate environment.

The electric vehicle maker is pinning its hopes on the much publicised robotaxi launch. Speculation has it that the launch is slated for August this year. Described as a ‘game-changer’, there are also concerns about regulatory issues which have yet to be addressed. These issues can affect its implementation on a large scale.

You can find out more information about Rakuten Trade’s Trading Account here.