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Sold Tesla Shares After the Stock Split? Don't Forget About Taxes


Tesla (NASDAQ: TSLA) completed its second stock split after close of trading on Aug. 24. If you had one share of Tesla in your account before the stock split, you now have three whole shares of the electric vehicle maker sitting in your account.

Although it may be tempting to sell your extra shares, there's something you should consider before making your move: taxes. Selling your Tesla shares for a profit could trigger a taxable event. 

Image source: Getty Images.

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Source Fool.com

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