When is the Tesla three-for-one stock split?

What That Means. Tesla is about to split the stock three for one on Aug. 24. Shares will trade at the new price on Aug. 25. The Tesla three-for-one stock split is approaching, and a milestone was crossed Wednesday—the record date. The record date is, essentially, the day Tesla (ticker: TSLA) looks to see who its shareholders are.

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.

Is a Tesla stock split a good idea?

Shareholders of the electric vehicle (EV) mogul Tesla ( TSLA 0.30%) approved a 3-for-1 stock split at its annual meeting on Aug. 4. Although stock splits don't impact the market value of a company, they are typically looked at favorably in that a lower per-share price may open the gate for a new wave of retail investors.

Will Tesla share split happen at the upcoming shareholder meeting?

While the Tesla stock split is not official yet, the company plans to put the measure to vote at the upcoming shareholder meeting. This morning, Tesla tweeted the announcement: Tesla will ask shareholders to vote at this year’s annual meeting to authorize additional shares in order to enable a stock split. Investors have good reason to be excited.