Tesla Splits Shares in a 5-for-1 Exchange

Aug.12 — Tesla is splitting its pricey shares in a 5-for-1 split. Each shareholder on Aug. 21 will receive a dividend of four additional shares for each one they already hold. The trading will begin on the splits on an adjusted basis on Aug. 31. Bloomberg’s Dani Burger reports on “Bloomberg Daybreak: Europe.”

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