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Tesla splitting stock to make richly-valued shares attainable again

Each stockholder of record on August 21 will receive a dividend of four additional shares of common stock for each one they own

Topics
Tesla | S&P 500

Ed Ludlow | Bloomberg 



Tesla
File photo: A Tesla sales and service center in Costa Mesa California

Inc. is splitting its richly valued shares in a 5-for-1 exchange, a move designed to make the stock less expensive for individual investors after the company become the world’s most valuable automaker.

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First Published: Thu, August 13 2020. 00:46 IST

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