Tesla Stock Split Details

Tesla announced a five for one stock split on tuesday evening. The automaker made the announcement via its investor. Tesla has announced a 5 for 1 stock split after market close today sending its stock tsla jumping as much as 8 in after hours trading.

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Tesla stock split details. Tesla to split stock 5 for 1 at the end of august tesla will split its stock for the first time in its history so more investors can afford to buy a stake in the electric car pioneer following a. Tesla announced today that the board of directors has approved and declared a five for one split of tesla s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Soon after the announcement the stock price increased by about 7 in the. Tsla announcement of a five for one stock split is being received enthusiastically by the stock market.

Palo alto calif aug. Wall street analysts praised tesla s move to split its richly valued stock into smaller chunks saying it had the potential to extend a 200 rally in its shares this year by making it easier for. The split goes into effect on august 31. Each stockholder of record on august 21 2020 will receive a dividend of four additional shares of.

Tesla shares rose more than 6 in post market trading even though the stock split changes.