RE: Will someone11 Feb 2021 17:58
MLQ, give me a year or two!
@observer842, this went ahead last year on 31st August -
Aug 11, 2020
PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020.
So my understanding is holders prior to 31st of August received ab additional four shares then on 1st september price was dropeed to 1/5th - happy to be corrected and my instincts are that you are not one to get numbes wrong!