Tesla stock set for 3-for-1 split after market close
Tesla Inc (NASDAQ: TSLA) will split its stock on Wednesday after markets close, becoming the latest mega-cap company to divide its highly-priced shares this year to make them more accessible to investors
By Arghyadeep Dutta
Published - Aug 24, 2022, 01:40 PM ET
Last Updated - Jun 24, 2024, 11:54 PM EDT
Tesla Inc (NASDAQ: TSLA) will split its stock on Wednesday after markets close, becoming the latest mega-cap company to divide its highly-priced shares this year to make them more accessible to investors.
Investors in Elon Musk’s electric vehicle company will get two additional Tesla shares which will begin trading on a split-adjusted basis from Thursday.
Tesla shares went up almost 2.5% Wednesday morning.
