Tesla’s Stock Soars After Its Historic Split

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Investors’ most common complaint with Tesla’s stock has been expensive share prices. However, that’s all about to change. The electric automaker announced late Tuesday that they are planning to split stocks 5-for-1 to make them more affordable for investors. The split will be effective on August 31st, and those who own Tesla stock by August 21st will receive four additional shares of common stock on the date of the split. Tesla Strategic Split The split, being the first in the company’s history, will likely bring new investors to buy shares as the company continues its growth and dominance in the…

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