Tesla (TSLA) announces another stock split

Tesla, Inc. (TSLA) has just released an official statement regarding the upcoming stock split decision later this year.

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“Tesla will ask shareholders to vote at this year’s annual meeting to authorize additional shares in order to enable a stock split,” - Tesla Twitter

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The pre-split TSLA share price was $2,213.40 when it closed on Friday 28th Aug 2020.

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After the Five-for-One stock split, the price was adjusted to $442.68.

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Tesla shares trading showed a bullish trend after the 2022 stock split and dividend news.

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At market close on Monday, TSLA’s share price reached $1,091.84 on NASDAQ

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an increase of +81.20 (8.03%) compared to when markets closed on Friday.

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