Tesla Stock Split
About Tesla Stock Split
Tesla announced a 5 for 1 stock split on August 11, 2020. Before the split, Tesla traded above 2,000 dollars per share. The split made shares more accessible to retail investors. After the split, the stock continued to rise, and Tesla became the most valuable automaker in the world, worth more than the next several automakers combined. Teslas stock had risen over 600 percent in the year before the split. The split was followed by enormous retail investor interest and made CEO Elon Musk the richest person in the world.
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