WHEN WILL TESLA STOCK SPLIT?
On Monday March 28th Tesla (TSLA) announced its plans to enable another stock split. This would be the second stock split for the EV company in two years. The news of the Tesla stock split excited investors and the stock price surged nearly 8% that morning. This news does not come as too much of a surprise, since other big tech companies like Amazon (AMZN) and Google (GOOG) both announced plans for a 20-for-1 stock split earlier this year. A stock split is a common way for companies to increase the demand of the stock while lowering the price per stock for investors.

The electric vehicle company Tesla, Inc announced that they were going to request the approval from the stockholders at the next upcoming 2022 Annual Meeting of Stockholders. The request would enable a stock split of the company’s common stock in the form of a stock dividend. The news comes off as bullish for the electric vehicle company. Tesla recently had their grand opening in Berlin, which CEO Elon Musk says will product $500,000 vehicles a year and empty 12,000 people. This is in addition to the recent announcement of the production factory in Austin, Texas.
Though the second stock split has only been proposed so far, if approved by the board the stock split would be official. The date of the annual meeting has not been announced, so it’s not yet known when exactly the stock split would occur. Last year the annual meeting was held on October 7th.
WHAT IS A STOCK SPLIT VS STOCK SPLIT DIVIDEND?
Most commonly stock splits mean that the company will give each investor additional share(s) per each existing share they currently hold. In the case of a stock split dividend, a company will give a fraction of a share per each share an investor holds. While the stock split itself will not change the value of Tesla, it will lower the price of each individual stock, making it more affordable for investors to buy a stock and will overall increase the demand of the stocks.
WHEN WAS THE LAST TESLA STOCK SPLIT?

The last Tesla stock split was in August 2020. The electric vehicle company enabled a five for one stock split. The news of this first split caused the stock price to surge to record highs, reaching $2,000 per share. With the last stock split being a huge success for Tesla the first time, it’s likely it will be the same this time. Tesla has already gained a lot of momentum early on this year. Without having the 2020 stock split, Tesla shares would be over $5,000 per share today.