Will Tesla Do Another Stock Split in 2021?
2020 has been an amazing year for Tesla (NASDAQ: TSLA) shareholders. The electric-auto maker's stock price started the year at $418 per share, and on Dec. 7, it fetched more than $625 per share. That would be pretty impressive even if it weren't for the 5-for-1 stock split that Tesla did at the end of August, which has given investors in Tesla's stock a roughly 650% gain year-to-date.
2020's stock split came as a surprise for some Tesla shareholders, especially given CEO Elon Musk's lack of interest in discussing the subject in the past. Yet now that Tesla has shown that it can pull the trigger and split its shares when the time is right, some investors wonder if the company won't do it again in 2021 -- especially if there's an incentive for it to do so.
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Source Fool.com
