On August 11, the day the manufacturer of electric vehicles announced a five-for-one stock split, Tesla’s shares closed at $1,374.39. Tesla released a statement that the split was to ‘make stock ownership more accessible to employees and investors’.1 This came after a meteoric year for the company, which added more than 500% to its share price over 12 months from August 2019 to August 2020. So far, the stock has soared more than 220 percent year-to-date. The Tesla (TSLA) stock split on 31 August 2020 was a five-for-one split, meaning that there are now five times the number of shares in circulation as there were pre-split, and historical share prices have been adjusted to one fifth of their pre-split value. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. The record moves for both companies come ahead of their prepared stock splits. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Post stock split, the range of target prices for analysts covering Tesla is $17.40 to $500, with the median target price being $295. If it was trading at $400 a share pre-split, the split-adjusted share price would be $80. Theoretically, the move could mean more smaller investors could afford the stock, but those investors are minuscule compared to major institutions. At this stage and because this is Tesla’s first stock split, it’s hard to know whether the company will split its stock again. This means that you can profit from upwards movements in the TSLA share price, as well as downwards movements. Learn about the upcoming Apple stock split. The split means more retail investors can purchase Tesla stock, which closed at $1,374.39 yesterday and has more than tripled in value this year (+228% YTD). This past week it was Tesla announced it to be included in the S&P 500 making it both a domestic and global contender. 2 Place 3+ trades on your share dealing account in the previous month to qualify for our best commission rates. Try a risk-free trade in your demo account, and see whether you’re on to something. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. New client: 0800 1953100 or newaccounts.uk@ig.com, Marketing partnerships: marketingpartnership@ig.com, IG | Sitemap | Terms and agreements | Privacy | IG Community | Cookies | Investors | Modern slavery act. This meant that there was a five-fold increase in the number of shares in circulation and that each share was reduced to one-fifth of its pre-split value. Shares of Tesla soared 6.5% in extended trading on Tuesday after the electric car maker announced a 5-for-1 stock split. This is the first stock split that Tesla has ever carried out, so there is no company precedent to compare this split to. 1 … This means that Tesla gives four more shares for every share owned now. All shares prices are delayed by at least 15 mins. The move will make the ownership of … You can view our cookie policy and edit your settings here, or by following the link at the bottom of any page on our site. Tesla’s shares have already soared 35% since the stock split announcement on Aug 11, propelling the electric car maker’s market valuation to $401.2 billion as of Aug 26. Create a share dealing account to invest in Tesla. Get this delivered to your inbox, and more info about our products and services. Tesla shares rose more than 6% in post-market trading even though the stock split changes nothing fundamental about the stock. Remember, Tesla’s August 31 … 1 Financial Times, 2020. Got a confidential news tip? The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Tesla’s stock is currently priced at an exceedingly high 148 times expected earnings, according to Refinitiv, and that valuation will not be affected by the upcoming stock split. More Accessible. Don’t miss your chance – upgrade to a live account to take advantage. Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. The shares will begin trading on a split-adjusted basis on August 31. Please be advised of the upcoming Tesla, Inc. (TSLA) 1st stock split and Apple Inc. (AAPL) 5th stock split that are going to take place as per the following schedule. Investing means you’ll take direct ownership of TSLA stock and become a company shareholder; trading means you’ll be speculating on the share price rising or falling without owning the stock outright. Tesla (TSLA) is one of the most loved and hated companies. Trading and investing are two different ways to take a position on the Tesla share price. Don’t miss your chance. Tesla announced a five-for-one stock split on Tuesday evening. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Tesla split its stock 5-for-1 while Apple split its stock 4-for-1 in the move to make their share more affordable to everyday investors. This means that, upon the date of the split, for every … There is a Tesla stock split in the cards. What we do know, is that other large companies such as Apple (AAPL) and Alphabet (GOOGL) have carried out more than one stock split in their history, so perhaps Tesla will be no different in this respect. Tesla shares soared in premarket trading Wednesday after Elon Musk’s electric car-maker announced a 5-for-1 stock split. For example, if TSLA stock was trading at $1500 a share pre-split, the split-adjusted share price would be $300. The split date is Aug. 28, 2020. Tesla has announced a new five-way stock split to take effect on August 28th, which will make the company’s shares cheaper for buyers. Theoretically, the move could mean more smaller investors could afford the stock, but those investors are minuscule compared to major institutions. Tesla Announces a Five-for-One Stock Split PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. (“Tesla”) announced today that the … This information has been prepared by IG, a trading name of IG Markets Limited. For example, an investor that owned 10 shares worth $2318.49 each pre-split would’ve had 50 shares worth $463.69 each post-split (based on the company’s 52-week high pre-split). Finally, Monday, Aug. 31, is the date on which Tesla shares will finally start trading at post-split prices. When you invest in TSLA with us, you’ll benefit from our best commission on US-listed shares.2 This means you’ll be able to buy Tesla shares for zero commission if you opened three or more positions on your share dealing account in the previous month. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of … 2020's stock split came as a surprise for some Tesla shareholders, especially given CEO Elon Musk's lack of interest in discussing the subject in the past. Tesla Announces a Five-for-One Stock Split August 11, 2020 PALO ALTO, Calif. , Aug. 11, 2020 (GLOBE NEWSWIRE) -- 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 Tesla declares a 5-for-1 split, sending its shares ripping higher. Tesla said Tuesday that its board had approved a five-for-one split in its soaring stock.. Tesla stock split 2020: what you need to know, How to buy, sell and short Metro Bank shares, Tesla share price: 5 key investor notes ahead of Q1 2020 earnings, Get full exposure for a comparatively small deposit, Get greater order book visibility with direct market access, Analyse and deal seamlessly on fast, intuitive charts, See and react to breaking news in-platform. Also, the S&P 500 has expanded by 5%. 2 Place 3+ trades on your share dealing account in the previous month to qualify for our best commission rates. PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- 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. Learn more about the Tesla stock split and what it means for investors and traders alike. With spread bets and CFDs, you can go long to speculate on the Tesla share price rising, as well as short to speculate on it falling. © 2021 CNBC LLC. Tesla shares launched as much as 7% higher in early Wednesday trading after the automaker announced a five-for-one stock split set for later this month.. Every Tesla … Tesla’s stock split explained The tech company has announced that it has split its stock 5-for-1. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. These let you take a position without owning the stock outright, and you’ll be able to trade with leverage – granting you full market exposure for an initial deposit known as margin. Shares of Tesla have more than tripled so far this year, and are up 228.54% year-to-date. .cq-wcm-edit .news-tag{display:block;} Tesla will start trading on a split-adjusted basis Aug. 31. Both Apple shares and Tesla shares will begin trading on a split-adjusted basis on August 31, 2020. Since the split was announced, Tesla shares have gained 61%. You must own Tesla shares as of this date to be eligible to receive the additional shares created by the split. 2020's stock split came as a surprise for some Tesla shareholders, especially given CEO Elon Musk's lack of interest in discussing the subject in the past. Telsa will be splitting its stock at a 5-to-1 ratio. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. Tesla announced a five-for-one stock split on Tuesday evening. The Tesla stock split will be 5:1, which means if the stock is trading at $2,000, you can buy shares for just $400. Both IG Markets Ltd (Register number 195355) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority. That gain makes this week’s 8% jump look small. That's the day the split takes place. All trading involves risk. What we do know, is that many investors and traders had been eyeing a Tesla stock split for some time given the share’s price rise in the first half (H1) of 2020 – which occurred despite the coronavirus pandemic. Tesla is currently 23.43% below its all-time intraday high of $1,794.99, which it hit on July 13. Tesla has been a favorite stock for day traders and other retail investors lately. Tesla reported the stock split on August 11. See full non-independent research disclaimer and quarterly summary. By continuing to use this website, you agree to our use of cookies. Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. Toni Sacconaghi on why his price target for Tesla is $900. Tesla, Inc. (TSLA) 1st stock split Ex-Date: Aug 31st, 2020. Apple similarly announced its latest stock split on July 30. Professional clients can lose more than they deposit. The split-adjusted share price is simply whatever the price was before the split, divided by five. We use a range of cookies to give you the best possible browsing experience. Tesla has announced a 5 for 1 stock split after market close today, sending its stock (TSLA) jumping as much as 8% in after-hours trading. .na-article .article__content ol li:before{top:0} html:lang(en-GB) .news-tag{ display: block; You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. CFD, share dealing and stocks and shares ISA accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). No representation or warranty is given as to the accuracy or completeness of this information. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. Prices above are subject to our website terms and agreements. 2020’s stock split came as a surprise for some Tesla shareholders, especially given CEO Elon Musk’s lack of interest in discussing the subject in the past. Prices are indicative only. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Alternatively, you can trade the TSLA share price with financial derivatives like spread bets and CFDs. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. Consequently any person acting on it does so entirely at their own risk. Tesla stock ascent continues on record date for 5-for-1 stock split Investors holding Tesla stock at the end of Friday will be due five new shares, likely priced at around US$400 each. The stock reacted most recently to Tesla's second quarter earnings, when it reported its fourth straight quarter of profits, which qualified it to join the S&P 500. We want to hear from you. Tesla's stock jumped as much as 6% in after-hours trading Tuesday after the company announced a five-for-one stock split, set to go into effect on August 31. Get the week’s market-moving news sent directly to your inbox every Sunday. Tesla’s stock (TSLA) has surging to$2,000 a share ahead of the stock split and the shorts are running away. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Tesla will be enacting a 5-for-1 stock split on August 31. Since that date, its offers have expanded by 81%. Tesla shares are much, much cheaper Monday after the stock's 5-1 split. Why did Tesla split its stock? Log in to take advantage while conditions prevail. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Go long or short on thousands of international stocks with spread bets and CFDs. Create a trading account to speculate on Tesla. Stay on top of upcoming market-moving events with our customisable economic calendar. The shares will begin trading on a split-adjusted basis on August 31. If Tesla stock clears resistance, a test of the highs is possible. The Tesla (TSLA) stock split on 31 August 2020 was a five-for-one split, meaning that there are now five times the number of shares in circulation as there were pre-split, and historical share prices have been adjusted to one fifth of their pre-split value. Tesla released a statement that the split was to ‘make stock ownership more accessible to employees and investors’. That would be pretty impressive even if it weren’t for the 5-for-1 stock split that Tesla did at the end of August, which has given investors in Tesla’s stock a roughly 650% gain year-to-date. }. Tesla announced a five-for-one stock split on Tuesday evening. Tesla carried out a stock split on 31 August 2020. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. All Rights Reserved. But that isn’t much of a reason that shares should rise, or fall, on a split announcement. Tesla (NASDAQ: TSLA) has announced that its Board of Directors has approved a 5:1 split for the company’s common stock in the form of a dividend. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Learn more about trading and investing in Tesla shares. A Division of NBCUniversal. Apple is enacting a 4-for-1 stock split on the same date. Data is a real-time snapshot *Data is delayed at least 15 minutes. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch. Sign up for free newsletters and get more CNBC delivered to your inbox. The shares will begin trading on a split-adjusted basis on August 31. Find out what charges your trades could incur with our transparent fee structure. Tesla shareholders will then see their single shares turn into five smaller shares. For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. The electric … What's more, most brokerages offer fractional trading now anyways, allowing small traders to buy a slice of expensive stocks. The Tesla stock split was five-for-one.