Shares & Derivatives
Tesla’s Potential Stock Split: Should You Invest in Tesla Now?
By Seedly  •  March 29, 2022
Tesla is laying the groundwork to split its stock again and the disclosure of this news sent shares surging 8% on Monday (28 Mar 2022). For context, Tesla shares have doubled since its last split in August 2020. So, what’s with all the excitement surrounding a potential Tesla stock split? And should you invest in Tesla now? TL;DR: Should You Invest Now Before Tesla’s Potential Stock Split?
  • On 28 Mar 2022, Tesla shares surged by 8.03% to US$1091.84 after plans for a stock split in the form of a stock dividend were disclosed.
  • Tesla shares have doubled since its last 5-for-1 stock split in August 2020
According to a filing on Monday, Tesla will request “for an increase in the number of authorised shares of common stock… in order to enable a stock split of the company’s common stock in the form of a stock dividend.” Stock splits make shares more accessible due to the dilution of the stock price and have generally seen a brief...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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