Tesla (TSLA) Stock: 3-For-1 Split Announced

By Amit Chowdhry ● Aug 5, 2022
  • Tesla, Inc. (TSLA) has announced that the Board of Directors has approved and declared a three-for-one split of the company’s common stock. These are the details.

Tesla (TSLA) has announced that the Board of Directors has approved and declared a three-for-one split of the company’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors.

Each stockholder of record on August 17, 2022, will receive a dividend of 2 additional shares of common stock for each then-held share, to be distributed after the close of trading on August 24, 2022. And trading will begin on a stock split-adjusted basis on August 25, 2022.