Tesla: the split is coming!

Photo credit © Reuters

(Boursier.com) — You’re here revealed the timing of his “split”. The American electric car giant intends to proceed with this 3-for-1 stock split which will give shareholders, of record on August 17, a dividend of two additional common shares on August 24. In other words, the number of shares will triple, offering more liquidity to new entrants, but the stock price will adjust accordingly. Trading will begin on a split-adjusted basis on Aug. 25, the company said in a regulatory filing released Friday.

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