Wealthy Living
Wealthy Living
Tesla Stock Split: 5 Things Investors Should Know
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On August 4, Tesla (NASDAQ: TSLA) declared that its shareholders had approved a 3-1 stock split for its shares.
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A stock split, however, does not always imply that investors would receive better value for their money.
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Five Things to Know about Tesla Stock Split
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A company may split its stock if it feels that the price of its shares has risen to the point where an average investor cannot buy them.
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1. Tesla's Stock Split Will Make it More Affordable
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For most individual investors, Tesla has long carried a heavy price tag, with its stock price approaching $1,000 per share.
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The 3-1 stock split will change all that and spur more retail investment in the company.
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2. Why is Tesla Stock Splitting?
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According to several experts, the Tesla split will increase the stock's availability for regular investors.
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3. Tesla Stock Split History
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