No, Tesla Is Not Down 80%: EV Stock Split Takes Effect Today


    Tesla Inc (NASDAQ: TSLA) shares have been adjusted to reflect a 5-for-1 stock split from Friday’s closing price of $2,238.75 to $442.68 ahead of the opening bell Monday.

    Tesla investors who owned the stock as of Aug. 28 received split shares in their trading accounts following the aftermarket close Friday. 

    Stock Splits: The stock split is expected to attract new investors. Stock splits are generally seen as a positive by the market. Stocks are often in a position to split only after an extended period of strong returns.

    Once the price of a stock or fund gets too high, even single shares may become too expensive for small retail investors, limiting demand. 

    Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at [email protected]




    Please enter your comment!
    Please enter your name here

    Donnez votre point de vue et aboonez-vous!



    Votre point de vue compte, donnez votre avis

    [maxbutton id= »1″]