Tesla Stock Price After Split
The company plans to give investors five shares of stock for each share.
Tesla stock price after split. Tesla stock rallied as much as 7 in early wednesday trading after the company revealed a five for one stock split scheduled for august 28. After the stock split it will cost around 275 to buy a single share as tesla splits each share into five. Tsla shareholders will receive four additional shares for every share held after the close of trading on aug. After markets closed tuesday tesla inc.
Shares of tesla inc. Surged 8 on wednesday a day after the silicon valley car maker s board approved a five for one split of the company s stock. Tesla s move follows one from apple inc which last month said its board had approved a 4 for 1 split aiming to make the stock more accessible to a broader base of investors. However the answer lies more in short term market psychology than long term fundamental business prospects.
Said it would enact a 5 for 1 stock split after a share price surge over recent months vaulted the electric vehicle maker to the status of most valuable car company as chief executive. Every tesla shareholder will receive four additional. Shares of tesla have. Tesla has never done a stock split before so history can t guide us.
Tsla announced a five for one split of the company s common stock shareholders of record on august 21 will receive a dividend of four shares. Tesla shares soared in premarket trading wednesday after elon musk s electric car maker announced a 5 for 1 stock split. The move was geared to make stock. Shares begin trading on a post split basis starting aug.