Superstate CEO Robert Leshner has proposed an innovative DeFi model that allows users to borrow against their Tesla stock to purchase Tesla vehicles. Speaking at the Decrypt Media event, Leshner outlined a system where Tesla shares could be used as collateral in a smart contract to secure loans in stablecoins or fiat currency. This approach enables investors to maintain their stock holdings while facilitating purchases. Leshner highlighted several advantages of this model, including asset retention, quicker borrowing processes, and reduced costs. However, he also acknowledged potential risks such as stock price volatility, regulatory challenges, and vulnerabilities in smart contracts. Leshner emphasized the transformative potential of DeFi in personal finance and asset management, particularly as more assets become tokenized.