What are Tesla coin cryptocurrency giveaway scams?

Have you ever encountered the so-called "Tesla coin cryptocurrency giveaway scams"? These schemes are typically fraudulent activities that claim to offer free or heavily discounted cryptocurrency tokens associated with the renowned electric vehicle company, Tesla. They often lure unsuspecting investors through social media, email campaigns, or even fake websites, promising lucrative returns for participating in various giveaways or promotions. However, the reality is quite different. Once victims deposit funds or share personal information, they often find themselves unable to withdraw their money or tokens, leaving them empty-handed and potentially facing financial losses. It's important to be vigilant and do thorough research before engaging with any such offers.