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by nine_k
2141 days ago
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A more informative link [1], also on sec.gov, explaining the nature of the operation, says: PALO ALTO, Calif., August 11, 2020 – Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020. [1]: https://www.sec.gov/Archives/edgar/data/1318605/000156459020... |
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