Saturday, July 12, 2025

Latest

Tesla To Proceed With Three For One Share Split

Tesla (NASDAQ: TSLA) on Friday confirmed that it will be proceeding with a previously proposed stock split. The announcement follows shareholders granting approval for the company to expand upon its number of permitted shares outstanding at a shareholder meeting held last week.

The stock split is set to occur at a ratio of three for one, and is to be put into effect by way of a share dividend. Shareholders of record are set to receive two shares of the company for each share held as of August 17, 2022.

The company is set to implement the share dividend following the close of trading on August 24, with the company to begin trading on a split-adjusted basis on August 25.

The split, which was initially proposed in early June, is being conducted as a means of making its share more affordable for ordinary investors, such as employees and retail investors. The company last conducted a share split in August 2020, when they split shares on a five for one basis.

Tesla last traded at $864.51 on the Nasdaq.


Information for this briefing was found via Edgar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

Daimler Invests $85 Billion Towards Electrification in Bid to Catch up with Tesla

Daimler, which is the parent company of Mercedes Benz, recently announced it plans to invest...

Sunday, December 6, 2020, 03:33:00 PM

Tesla Vs. Porsche: Doubts Raised As Cybertruck Race Against 911 Is Apparently Just An 1/8 Mile

In a recent spectacle during the Tesla Cybertruck launch event, the electric vehicle giant showcased...

Tuesday, December 5, 2023, 02:19:00 PM

‘The Big Short’ Michael Burry Reveals His Tesla Short is Getting ‘Bigger and Better’

Tesla’s astronomical price increase over the past year appears to have caught the attention of...

Tuesday, January 12, 2021, 04:05:00 PM

UPDATED: Elon Musk Sells $4.98 Billion Worth Of Tesla Stock Over The Last Three Days

True to his Twitter poll which totally cannot be messed with and is most certainly...

Wednesday, November 10, 2021, 07:28:32 PM

Cathie Wood’s ARK Invest Moves Price Target For Tesla To $2,000 Per Share

By this time, it’s borderline amazing how ARK Invest chief Cathie Wood moves the stocks...

Friday, April 21, 2023, 11:07:00 AM