U.S. markets open in 4 hours 20 minutes
  • S&P Futures

    3,453.00
    +3.75 (+0.11%)
     
  • Dow Futures

    28,326.00
    +58.00 (+0.21%)
     
  • Nasdaq Futures

    11,650.00
    +0.25 (+0.00%)
     
  • Russell 2000 Futures

    1,635.20
    +4.60 (+0.28%)
     
  • Crude Oil

    40.48
    -0.16 (-0.39%)
     
  • Gold

    1,914.30
    +9.70 (+0.51%)
     
  • Silver

    24.91
    +0.20 (+0.81%)
     
  • EUR/USD

    1.1841
    +0.0015 (+0.13%)
     
  • 10-Yr Bond

    0.8480
    0.0000 (0.00%)
     
  • Vix

    27.93
    -0.72 (-2.51%)
     
  • GBP/USD

    1.3082
    +0.0002 (+0.01%)
     
  • USD/JPY

    104.6180
    -0.2220 (-0.21%)
     
  • BTC-USD

    12,930.35
    -36.38 (-0.28%)
     
  • CMC Crypto 200

    260.93
    +4.83 (+1.89%)
     
  • FTSE 100

    5,849.11
    +63.46 (+1.10%)
     
  • Nikkei 225

    23,516.59
    +42.32 (+0.18%)
     

Tesla Announces a Five-for-One Stock Split

Tesla, Inc.
·1 min read

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.

Forward-Looking Statements

Certain statements, including, without limitation, statements regarding the expected timing and impact of the stock dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information.

CONTACT: Investor Relations Contact: ir@tesla.com