• Tesla boosts turbocharged stock with plan for 5-for-1 split

    1 month ago - By Chron

    SAN RAMON, Calif. - 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 meteoric rise in its market value.
    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% when it's completed on Aug. 31.
    The sharp drop in price per shares creates a wider universe of potential investors and also often has the psychological effect of making it seem as if a stock is on sale. Those factors often spark rallies...
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  • Tesla stock split makes richly valued shares reachable again

    1 month ago - By Fortune

    Tesla is splitting its elevated shares in a 5-for-1 exchange, a move timed to make the stock price less expensive for individual investors after a recent run-up in valuation making it the world's largest automaker by market capitalization. Its shares surged on the news in aftermarket trading.
    The Silicon Valley electric-car manufacturer said Tuesday each shareholder of record on Aug. 21 will receive a dividend of four additional shares of common stock for each then-held share. It will begin trading on a split-adjusted basis on Aug. 31.
    Tesla has been a favorite stock for day traders and...
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  • Tesla Plans Five-For-One Split For Its Overheated Shares

    1 month ago - By Forbes

    The stock split is the first in the electric-car maker's history as a public company-and not entirely unexpected.
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  • Tesla announces five-for-one stock split as shares continue to rip higher

    Tesla announces five-for-one stock split as shares continue to rip higher

    1 month ago - By Business Insider

    Tesla on Tuesday announced a five-for-one stock split effective August 31.
    At the close of trading on August 28, shareholders will receive five shares for every one they own.
    At Tuesday's prices, the new stock price would be around $274 per share.
    Visit Business Insider's homepage for more stories .
    Tesla said Tuesday that it was pursuing a five-for-one stock split following a massive rally in its share price this year.
    At the end of trading on August 28, Tesla said in a press release, each shareholder will receive four additional shares for every share they own. Those shares will begin...
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