Tesla's Stock Split History
Unveiling the Transformational Journey
Prepare for an electrifying revelation as we delve into the riveting history of Tesla's stock splits, a testament to the company's remarkable growth trajectory since its inception in 2010. Each stock split marked a pivotal moment in Tesla's evolution, reshaping its accessibility and fueling its stratospheric rise.
A Timeline of Pivotal Splits
2010: Tesla's initial public offering (IPO) marked the beginning of its journey on the stock market, with shares priced at $17 apiece.
2013: Tesla's first stock split, a 2-for-1 split, doubled the number of shares outstanding, bringing the share price down to around $34.
2018: A 5-for-1 stock split further increased the number of shares, making them more accessible to retail investors, with a share price of approximately $68.
2020: Tesla's most recent and dramatic split, a 5-for-1 split, sent the share price tumbling to $440, making it the most expensive stock on the S&P 500 index at the time.
Komentar