Wednesday, 12 August 2020

Tesla Announces 5-for-1 Stock Split

Clean Power
Tesla

Published on August 11 th, 2020 |
by Press Release

August 11 th, 2020 by


Tesla

Palo Alto, California, August 11, 2020– Tesla, Inc. (” Tesla”) revealed today that the Board of Directors has actually authorized and stated a five-for-one split of Tesla’s common stock in the type of a stock dividend to make stock ownership more available to staff members and financiers. Each stockholder of record on August 21, 2020 will get a dividend of four additional shares of typical stock for each then-held share, to be dispersed after close of trading on August 28,2020 Trading will start on a stock split-adjusted basis on August 31, 2020.

Positive Statements

Specific statements, consisting of, without limitation, declarations relating to the anticipated timing and effect of the stock dividend are “positive declarations” that are subject to risks and uncertainties.

Source: Tesla, Inc.


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