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Tesla announces 5-for-1 Stock Split



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Tesla

Published in August 11, 2020 |
by Press Release

11 August 2020 from Press release


Tesla

Palo Alto, California, August 11, 2020 – Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and announced a five-to-one division of ordinary Tesla shares in the form of a stock dividend to make. ownership of shares more accessible to employees and investors. Each subscriber shareholder on August 21, 2020 will receive a dividend of four additional common stock shares for each stock then held, which will be distributed after the close of trading on August 28, 2020. Trading will begin on an adjusted basis. of shares on 31 August 2020.

Pre-view statement

Some statements, including, without limitation, statements about expected time and stock dividend impact are “future statements” that are subject to risks and uncertainties. These future statements are based on current management expectations. Various important factors may cause the actual results to change materially, including the risks identified in our files with the Insurance and Exchanges Commission, including the Quarterly Report Form 10-Q for the quarter ended June 30, 2020. Tesla does not accept any obligation to update this information.

Source: Tesla, Inc.


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