Tesla Stock Split Day

The five for one stock split announced tuesday won t change how much tesla s business is worth but will automatically reduce the price of its shares by 80 per cent when it s completed on aug.

Tesla stock split day. Shares of tesla inc. Tesla stock fell 1 to 1 374 during regular trade on august 11. Tsla now claiming it wanted the shares more affordable for investors and employees without having to spend close to 1 500 for a single share of stock tesla has. The announcement made during tesla inc.

A tesla stock split is just weeks away and investors no doubt are wondering how it will affect them. Tesla has rallied as investors cheer the company s announcement that it will split its stock at the end of the month. Tesla stock has risen today on reports that the company has plans for a 5 for 1 stock split. Shares of tesla closed up 13 12 wednesday as investors continued to rally on the company s five for one stock split announced on tuesday.

The company announced a stock split to make its shares more affordable for investors and employees. 11 surprised wall. The announcement of its stock split mirroring apple s 4 for 1 split announced july 31 reversed a down day for tesla. Investors will get another couple of weeks to trade the shares on a pre split basis before aug.

The first day after the electric vehicle maker announced its split the stock soared 13. Tsla on tuesday aug. The move was geared to make stock. Tesla is currently 23 43 below its all time intraday high of 1 794 99 which it hit on july 13.