Tesla Shares Slip as 3-1 Stock Split

Tesla Shares Slip as 3-1 Stock Split PC Credit: Google

[{"selector":"#anim-c53a8da3-0cbe-425d-9fc6-937922975532","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e393caa-de29-43b2-917b-1ab354e3b916","keyframes":{"transform":["translate3d(0px, -98.59963%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c27c5e8-63ab-4cdf-9a0a-944686a83d08","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0215b02-33c7-422f-a00b-5edf940d9973","keyframes":{"transform":["translate3d(133.06453%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The announcement of a three-for-one stock split on Thursday caused Tesla Inc.'s shares to drop PC Credit: Google

[{"selector":"#anim-f885a259-0dfe-4837-94db-839126f97d94","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-07ae968d-7b9f-45e6-9847-4f14cf04b098","keyframes":{"transform":["translate3d(0px, -100.04592%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a68f956e-ae21-42fb-af84-0b7b2458ec71","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0f824f0-52d5-4492-89fa-ab944e7ab601","keyframes":{"transform":["translate3d(133.06453%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tesla Inc's shares opened at $302 and dipped to $293 in early trading PC Credit: Google

[{"selector":"#anim-025a1a91-cd3b-43f3-8430-b86edf0c02ce","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-18b19170-2681-4a0f-b519-f45bd62b4f09","keyframes":{"transform":["translate3d(0px, -100.04592%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-34e5b87f-f0d6-4699-bab5-6ed1ad7eccdc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a17f0712-1ff8-4d32-b583-30ee91f6b864","keyframes":{"transform":["translate3d(135.88711%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tesla's second stock split in as many years follows those by other high-growth companies PC Credit: Google

[{"selector":"#anim-c1ce9ce5-5746-4151-82fd-dc0902bb5898","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2d209c8c-e8af-4c49-a2f6-924e390a03b0","keyframes":{"transform":["translate3d(0px, -101.69881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d4917b31-e584-4c39-b199-86c08316a4c1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-37bec9dd-e1cd-49b8-9ee8-962514e95c0f","keyframes":{"transform":["translate3d(129.11879%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Tesla decided to divide its stock five for one in August 2020. PC Credit: Google

[{"selector":"#anim-3fe491ed-6b07-429d-8e5e-b92712c273c8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-04cd3d11-98cd-479f-b480-678c749fa45d","keyframes":{"transform":["translate3d(0px, -98.59963%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3db7d5be-5259-4e50-9b01-bb24ba2317fe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55a0003b-a816-4ee5-b85e-dcda7a438ad3","keyframes":{"transform":["translate3d(133.06453%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] and in 2021, the market capitalization exceeded $1 trillion PC Credit: Google

[{"selector":"#anim-7671be4b-b141-4280-b45e-2987d4e101c9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0f7dd7df-0208-401e-9e07-aa0cd957f083","keyframes":{"transform":["translate3d(0px, -101.69881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a18639b1-3210-4287-84bd-bfd7441a609f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e4290578-fb25-4056-81b3-9786d1530ca8","keyframes":{"transform":["translate3d(133.06453%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The stock closed at $891.29 on Wednesday before the three-for-one split took effect PC Credit: Google

[{"selector":"#anim-593e8a29-3f63-4033-a01a-ec1b7bc1f1c6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c3a1ee32-2fe7-45e1-a477-8b5784dd2121","keyframes":{"transform":["translate3d(0px, -101.69881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e67306fd-821c-47df-ab45-e802b67ce554","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a0e8b20-9fc9-4fa8-8977-896d131e7f49","keyframes":{"transform":["translate3d(135.48388%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Shares have fallen about 11% since the company announced in March plans to increase its number of shares PC Credit: Google

More Stories