With a background as an estate-planning attorney and independent financial consultant, Dan's articles are based on more than 20 years of experience from all angles of the financial world. Tesla recently said it would enact a 5-for-1 stock split, making its wildly popular stock even more accessible to individual investors. Most stock quote data provided by BATS. Market Cap Stock split history for Tesla since 2021. If you buy stock on or before Aug. 28, then you're also buying the right to receive the extra stock in the split. So far, the stock has soared more than 220 percent year-to-date. The New Statesman put up a … Tesla is taking after Apple Inc., which Ives said other tech giants are likely to emulate. Tesla published an announcement on 11 August 2020 whereby share prices will become more affordable to investors with a 5-for-1 stock split. New York (CNN Business) Tesla's stock jumped as much as 6% in after-hours trading Tuesday after the company announced a five-for-one stock split, set to go into effect on August 31… A dizzying rally in Tesla Inc.'s shares has unleashed a burst of options activity tied to the stock jumping even higher. However, it's reasonable to expect that by Monday, Aug. 31, you'll be credited with the correct number of post-split shares. … Tesla's press release announcing the 5-for-1 stock split included three key dates that investors should understand. Here's what you need to know about the share performance of companies that have previously split their stocks. Apple is enacting a 4-for-1 stock split on the same date. The automaker made the … If you sell before that date, you're selling away those rights as well. The stock split adds to accessibility for investors, with Tesla lowering the bar for entry. Each share of Apple stock that an investor owns before Ex-Date (Aug 31st, 2020) will be eligible for stock split. Friday, Aug. 28, is the date on which Tesla will actually distribute the four additional shares in its stock dividend. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Listen to his predictions, Strategist: Congress will likely trim Biden's stimulus bill, Early Facebook investor: Sandberg's denial of Facebook's role is 'laughable', Why Wall Street is hopeful about Biden despite economic challenges, Strategist on bitcoin: Pullback is very expected, Economist: Even with a blue wave, Biden's tax ambitions could stall, Dow falls on first trading day of the year, Scaramucci: Bitcoin is due for a correction, MoneyGram CEO: Our digital platforms are driving growth, Economist: It's going to take years for jobs to recover, Chewy's CEO expects growth to continue post pandemic, These pot stocks are poised to win big under Biden, Dow crosses 30,000 mark for the first time ever, Alan Greenspan on the Fed's pandemic response, GoodRx Co-CEO says Amazon Pharmacy isn't a competitor. Different brokerage companies have their own procedures for handling their accounting records for stock splits. That's the day the split takes place. With Tesla Inc. (NASDAQ: TSLA) now claiming it wanted the shares more affordable for investors and employees, without having to spend close to $1,500 for a single share of stock, Tesla … Tesla announces a 5-for-1 stock split Tesla announced a five-for-one stock split on Tuesday evening. Tesla's share price has been volatile, and even once the stock split is done, you can expect that volatility to continue. Each share of Tesla stock that an investor owns before Ex-Date (Aug 31st, 2020) will be eligible for stock split. Tesla on Tuesday announced a five-for-one stock split effective August 31. It will just grow the number of shares making up their portfolios. Tesla shares soared in premarket trading Wednesday after Elon Musk’s electric car-maker announced a 5-for-1 stock split. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. However, stock dividends often have different rules. Even though Tesla's stock closed 12.5% higher at $498.32 a share. More Accessible. Illustration by Alex Castro / The Verge Tesla has announced a new five-way stock split to take effect on August 28th, which will make the company’s shares cheaper for buyers. ET on InvestorPlace.com How These … If you sell the stock immediately, you'd have a gain of $400 minus $100 or $300 per share. The stock has soared in response, climbing well above $2,000 per share. Tesla has announced a new five-way stock split to take effect on August 28th, which will make the company’s shares cheaper for buyers. Dan Caplinger has been a contract writer for the Motley Fool since 2006. Tesla (NASDAQ: TSLA) stock has officially split and had its trading price adjusted on August 31st, 2020. The stock closed at $498.32. Tesla shares are now trading at $442.68, although they were trading at … Following a similar move from iPhone maker Apple (NASDAQ:AAPL), Tesla decided to split its shares 5-for-1. New York (CNN Business) Tesla shares are much, much cheaper Monday after the stock's 5-1 split. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The record date matters, but there is no arbitrage for investors to exploit. Tesla’s stock (TSLA) has surging to$2,000 a share ahead of the stock split and the shorts are running away. Shares of Tesla Inc. surged 8% on Wednesday, a day after the Silicon Valley car maker’s board approved a five-for-one split of the company’s stock. As the Fool's Director of Investment Planning, Dan oversees much of the personal-finance and investment-planning content published daily on Fool.com. Investors will receive four additional shares and the stock price will be one-fifth. Tesla Stock: The Case For A $1 Trillion Market Cap Is Unplugged From Reality Jan. 22, 2021 at 5:01 a.m. Tesla (NASDAQ: TSLA) has announced that its Board of Directors has approved a 5:1 split for the company’s common stock in the form of a dividend. Market data powered by FactSet and Web Financial Group. So, now that Tesla’s officially represented in indexers’ portfolios, what happens next for Tesla’s stock price? The split will not change the value of investors' total holdings of the company. Tesla will be enacting a 5-for-1 stock split on August 31. Shares of Tesla Inc. surged 8% on Wednesday, a day after the Silicon Valley car maker’s board approved a five-for-one split of the company’s stock. This means that, upon the date of the split, for every one previous Tesla share, there will now be five. Apple just announced its 5th stock split since 1987 beginning of August too, so Tesla appears to be following Apple’s footsteps when it comes to marketing. Tesla has rallied since announcing on Tuesday that it would enact a 5-for-1 stock split at the end of August. Don't Count on It, SpaceX to Drill for Natural Gas Near Texas Starship Development Site, 3 Top-Performing Stocks That Could Fall 41% to 71%, According to Wall Street, Copyright, Trademark and Patent Information. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. After the split, you'll own 50 shares, but the basis for each share will be one-fifth of its previous amount, or $100 per share. With the stock currently around $2,000 per share, you can expect the post-split shares to be worth around $400. Taking effect from Monday, August 31st, the tech company has split its stock 5-for-1. Factset: FactSet Research Systems Inc.2018. Shares of Tesla soared 6.5% in extended trading on Tuesday after the electric car maker announced a 5-for-1 stock split. Disclaimer. Even though Tesla's stock closed 12.5% higher at $498.32 a share Monday, that's still … Tesla Inc on Tuesday announced a five-for-one stock split, as the electric carmaker looks to make its shares more attractive to retail investors following a stunning rally this year. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Tesla shares closed 12% higher today on its first day of trading post its stock split. Telsa will be splitting its stock at a 5-to-1 ratio. Tesla stock ascent continues on record date for 5-for-1 stock split Investors holding Tesla stock at the end of Friday will be due five new shares, likely priced at around US$400 each. All rights reserved. The Tesla (TSLA) stock split on 31 August 2020 was a five-for-one split, meaning that there are now five times the number of shares in circulation as there were pre-split, and historical share prices have been adjusted to one fifth of their pre-split value. TSLA stock will split 5-to-1 on August 31. That split at Wednesday's closing price would value shares at roughly $310. Trading on a split-adjusted basis will go into effect Monday. Cumulative Growth of a $10,000 Investment in Stock Advisor, Tesla's Stock Split: Here's What It'll Look Like When It Happens @themotleyfool #stocks $TSLA $AAPL, Tesla decided to split its shares 5-for-1, Will the Blue Sweep Boost Tesla? My Brand New X10 Masterclass:http://www.X10Masterclass.comhttp://www.X10Masterclass.comhttp://www.X10Masterclass.com New York (CNN Business)Tesla shares are much, much cheaper Monday after the stock's 5-1 split. The shares will begin trading on a split-adjusted basis on August 31. CNN Sans ™ & © 2016 Cable News Network. There is a Tesla stock split in the cards. Tesla (ticker: TSLA) shares were set to open on Monday … Tesla is, of course, far from the first to do a stock split. This means that, upon the date of the split, for … The split means more retail investors can purchase Tesla stock, which closed at $1,374.39 yesterday and has more than tripled in value this year (+228% YTD). Apple just announced its 5th stock split since 1987 beginning of August too, so Tesla appears to be following Apple’s footsteps when it comes to marketing. The electric car company has been a favourite among our investors so far this year as it has been traded the most every month in at least one country that we are active in. Apple and Google have done them as their share prices have risen, and it didn’t hurt shareholders. The stock has soared 229% this year, pushing its valuation to around $256 … in the electric-vehicle pioneer Tesla is splitting 5 for 1 after the market closes for trading. Apple is enacting a 4-for-1 stock split on the same date. At Tesla’s current price-to-earnings ratio, it would take the company almost 1,600 years to make what the stock market says it’s worth. On June 22, 2012, Tesla’s stock opened at a split-adjusted $6.796. Even though the stock split is being handled as a stock dividend, you're not going to be subject to immediate tax on the shares you receive in the split.