TESLA AND APPLE BOOSTS TURBOCHARGED STOCK WITH PLAN FOR SPLIT
AppleMagazine|AppleMagazine #459
TESLA AND APPLE BOOSTS TURBOCHARGED STOCK WITH PLAN FOR SPLIT
Tesla will split its stock for the first time in its history so more investors can afford to buy a stake in the electric car pioneer following a meteoric rise in its market value.

The five-for-one stock split announced this week won’t change how much Tesla’s business is worth, but will automatically reduce the price of its shares by 80% when it’s completed on Aug. 31.

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AppleMagazine #459