Kalshi Seeks 24/7 Tesla and Nvidia Perpetual Futures as Wall Street Battles Over Regulation

Kalshi, the U.S. regulated prediction market and derivatives exchange, is pushing to launch 24/7 perpetual futures contracts tied to Tesla (TSLA) and Nvidia (NVDA) stock prices. The move comes amid an intensifying regulatory tug-of-war on Wall Street over which agency — the CFTC or the SEC — should oversee perpetual futures on equities. Kalshi argues that perpetual contracts on single stocks would give traders round-the-clock exposure to two of the most traded companies in the market, without the constraints of traditional trading hours. The proposal has drawn attention from both regulators and market participants, as perpetual futures — a staple of crypto exchanges like Binance and Bybit — remain largely absent from U.S. equity markets. If approved, Kalshi's offering could blur the line between crypto-style derivatives and traditional stock trading, potentially reshaping how retail and institutional investors access Tesla and Nvidia exposure. The outcome of the jurisdictional dispute between the CFTC and SEC will likely determine whether such products can legally launch in the United States.