Tesla Readies Five-for-One Stock Split
August 12, 2020
Tesla's Board of Directors has approved and declared a five 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.
Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020.
Trading will begin on a stock split-adjusted basis on August 31, 2020.