What Investors Should Know about Tesla's Proposed 3-for-1 Stock Split
In March, Tesla (NASDAQ: TSLA) revealed its intentions to pursue a stock split, and now we have more details. This month, the electric vehicle giant filed paperwork with the Securities and Exchange Commission (SEC) to move forward with a 3-for-1 stock split. However, nothing is set in stone until shareholders give the company the green light at its annual shareholders meeting in August.
A company's path to a stock split can be a bit confusing. Here's what you as a retail investor need to know about Tesla's plan.
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Source Fool.com