What happens if Tesla shares are split?

The stock split has largely fallen out of fashion in corporate America. Shares, however, usually rise over the year following a split, according to a study conducted by Nasdaq. Investors who held Tesla stock on Aug. 17 will be eligible to receive the additional shares. What does the stock split mean for Tesla?

Does Tesla have a dividend?

AUSTIN, Texas., August 5, 2022 – Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a three-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors.

Are Tesla shares getting cheaper?

Of course, Tesla shares aren’t justmagically getting cheaper—the 3-for-1 stock split was one of several moves approved at the company’s shareholder meeting on August 4. (You can read Fortune’s explainer on stock splits here .) This follows on Tesla’s first stock split in August of 2020–which was a 5-for-1 split.

Will Tesla split from Amazon in 2021?

When Amazon (NASDAQ: AMZN) announced a stock split in early March 2021, investors wondered if Tesla would do the same. Less than one month later, the EV producer is seeking to do exactly that. While the Tesla stock split is not official yet, the company plans to put the measure to vote at the upcoming shareholder meeting.