Tesla's board approves a 5-for-1 split in its soaring stock.
Investors will receive a dividend of four additional shares for each share they own on Aug. 21. ... 28 and the stock will begin trading on a “split-adjusted basis” on Aug. 31, the company said in a brief statement.
When was Tesla's last stock split?
Tesla announced a five-for-one split in mid-August 2020. Black reminded investors that from the time Tesla announced the split to when it actually happened at the end of the month, shares rose 81%. Then, from the actual split to year-end, Tesla stock added another 42%.
What was Tesla's stock before split?
Before its 4-for-1 stock split, it was trading at more than $500. Tesla stock, meanwhile, was down to around $480 a share from more than $2,000 before its 5-for-1 stock split.
