Tesla (NASDAQ: TSLA) Bulls Buckle up for an Imminent Stock Split – Each Stockholder of Record Today Will Receive 4 Additional Shares
https://wccftech.com/tesla-nasdaq-tsla-bulls-buckle-up-for-an-imminent-stock-split-each-stockholder-of-record-today-will-receive-4-additional-shares/
Tesla (NASDAQ:TSLA), the undisputed behemoth in the EV sphere, has become a unidirectional stock play in recent days, incessantly traversing an upward trajectory. Since establishing a year-to-date low of $361.22 on the 18th of March, the stock has rallied by an astonishing 454 percent! This epic rally culminated in a major milestone for Tesla yesterday as its share price breached the $2,000 threshold for the first time ever.
Today, the EV giant is on the cusp of another major milestone. As per the announcement by the company on the 11th of August, all Tesla stockholders of record on the 21st of August will receive a dividend of four additional shares for every share that they own. The additional shares will be distributed on the 28th of August while the split-adjusted trading of Tesla shares will commence from the 31st of August.