Tesla to Request Shareholder Approval for Stock Split

Tesla to Request Shareholder Approval for Stock Split



Tesla Inc. said it would request shareholder approval at its annual meeting for an increase in the number of shares of the electric-car maker to enable a stock split, though the company didn’t specify when such a split would take place or what the ratio of shares would be.

Tesla shares closed Monday at $1,091.84, up 8%. The auto maker typically holds its shareholder meeting in the fall.



Source link

Author: Shirley