Tesla AI Token's Listing on Raydium Raises Risk Concerns

TESLA-SOL is listed on Raydium. The token named TESLA AI is currently priced at $0.00000294 with a market capitalization of $2,900. It has a total supply of 1 billion tokens and a liquidity of $294. The token's security features include mutable metadata, with no mint or freeze authorities. There are several notable holders, with the largest holding about 4.92%. The token has been described as risky, mainly due to 100% of the supply being sent to various addresses by the deployer and a high ratio of market cap to liquidity at 10:1. Its low liquidity and mutable metadata contribute to its risky profile. The token is associated with Tesla AI and is listed on Raydium, with further links to various analytics platforms like Solscan and DexScreener. Such tokens often attract speculative interest due to their branding and low price but carry significant risk, especially given the high initial distribution to addresses and limited liquidity. Investors should exercise caution and conduct thorough due diligence before considering an investment in this token, particularly because of the risks associated with low liquidity, high token concentration among few holders, and mutable metadata which can impact trustworthiness.