Tesla Announces 5-for-1 Stock Split

Environment

August 11th, 2020 by  


Palo Alto, California, 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.

Forward-Looking Statements

Certain statements, including, without limitation, statements regarding the expected timing and impact of the stock dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information.

Source: Tesla, Inc.


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica member, supporter, or ambassador — or a patron on Patreon.

Sign up for our free daily newsletter or weekly newsletter to never miss a story.

Have a tip for CleanTechnica? Send us an email: tips@cleantechnica.com



 

Latest CleanTechnica.TV Episode


Latest CleanTech Talk Episode


Tags: ,


About the Author

Press releases about cleantech products, cleantech companies, or other cleantech news.



Products You May Like

Articles You May Like

Post Office campaigner Alan Bates says he is yet to receive reply to letter to PM
Toyota to buy clean power from a $1.1 billion solar farm in Texas
Russia’s former president warns US that Moscow would ‘cross a line’ over nuclear arms
McIlroy returns with 67 in Abu Dhabi, sits 5 back
Teenager killed and six injured after two cars collide – 18-year-old arrested

Leave a Reply

Your email address will not be published. Required fields are marked *