Here is an outline from some of the important information you need to know regarding the upcoming $TSLA stock split, if you are a current stock holder or future holder.
Here are some important dates to take note of:
Wednesday, August 17, 2022: Anyone wanting to receive two extra shares for each TSLA share they own needs to be a shareholder of record by this date. If you own TSLA shares on August 17, one week later you will receive two additional shares for each you own.
Wednesday, August 24, 2022: One week after the shareholder of record cutoff is when TSLA shares actually split. After the stock market closes on August 24, TSLA shares will split 3-to-1, and by the next morning shareholders of record will see three times the amount of TSLA shares in their portfolio.
Thursday, August 25, 2022: This is the date that trading of the split-adjusted TSLA shares first takes place. Keep in mind, TSLA shares will begin trading at a price three times lower than their closing price on August 24 (because the split is 3-to-1). However, the overall market cap of Tesla will remain the same since there will be three times as many shares.
Tesla always seems to be one step ahead of the game with their technology and vehicles. Every other electric vehicle manufacturer seems to be just years and years behind Tesla.
On Tesla.com you can find information about their new Semi Truck, Roadster, Cyber Truck and more. According to the most recent shareholder meeting hosting by CEO Elon Musk 2023 is going to be a very exciting year for Tesla with production of the cybertruck and with the release of the new Robot Optimus (Announcement coming in September) it looks clear that Elon and Tesla plan to become the largest most valuable company in the world.