Tesla announces 5-for-1 stock split

Clean power

Published on August 11, 2020 |
By press release

August 11, 2020 by Press release


Palo Alto, California, August 11, 2020 – Tesla, Inc. (“Tesla”) announced today that the Board of Directors had approved a five-for-one split as Tesla’s shared stock and announced the creation of it as a share dividend. Stock ownership is more accessible to employees and investors. On August 21, 2020, each stockholder of record would receive a dividend of four additional shares of common stock for each share that would be distributed after the trading closed on August 28, 2020. Trading will commence on a share-adjusted basis. On August 31, 2020.

forward-looking statements

Some statements without limitation, including, statements about the expected timing and impact of share dividends, are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. A variety of key factors could yield realistically different results, including our quarterly report on Form 10-Q for the quarter ended June 30, 2020, and the risks identified in our filings with the Securities and Exchange Commission. Tesla disclosed any obligation to update it. Information.

Source: Tesla, Inc.

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Tags: Tesla, Tesla Stock

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