Tesla divides its action through five to better appeal | Automotive

Very expensive, too expensive at $ 1,500 to enter the bottom of the wool of the investor in the us, the action Tesla will become even more attractive after the

Tesla divides its action through five to better appeal | Automotive

Very expensive, too expensive at $ 1,500 to enter the bottom of the wool of the investor in the us, the action Tesla will become even more attractive after the sleight-of Elon Musk. Already popular with investors, Tesla will indeed split its action through five to the New York stock Exchange to make the title more accessible to employees of the company and the shareholders.

To $ 300 of the title, everyone will be able to acquire a share Tesla's and take advantage of the craze unreasonable that surrounds it. The result is not expected since the title was, just after this announcement, more than 7 % to approximately 1 473 dollars in electronic trading to Wall Street.

We can already envision what it will give when the change will take place after the close on 28 August, according to the timetable set by Tesla in a document exchange. The shareholders present at the capital will keep the amount of their investment, but will have five times more shares. And they should be comforted in their choice of investment as early as 29 August, at the opening of the stock Exchange.

Tesla is more expensive than the "Big Three" reunited

For the same reasons, Apple has recently taken a similar step and announced that it would split its share by three to the same date. The two groups exploded in the Stock market these last few months, which has pushed the price of their action.

Tesla saw its title to be multiplied by more than three since the beginning of the year and is now worth more than $ 250 billion to Wall Street, more than the three giants of the automobile sector, american assembled, General Motors ($41 billion), Ford ($29 billion) and Fiat-Chrysler ($23 billion).

The apple from his side could soon become the first u.s. company to surpass the us $ 2 000 billion in the Stock market.

Updated Date: 12 August 2020, 02:33

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