Tesla plans three-for-one stock split
In March of this year, Tesla unveiled a plan to split the stock, but without providing any further details on the split ratio.
BY MARKETWIRE, TRANSLATED BY CHRISTOFFER ØSTERGAARD
US electric vehicle manufacturer Tesla will split its stock into three, according to a press release issued Friday cited by Bloomberg News.
In March of this year, Tesla unveiled a plan to split the share, but without providing any further details on the split ratio.
The announcement by Tesla sends the share up by 1.5% in the after-hours trading market Friday after falling 3.2% during regular trading.
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