
Tesla stock is about to get much cheaper
CNN
Tesla shares are about to get three times less expensive.
The company announced Friday that its board approved a 3-for-1 stock split, its first split since August 2020.The split would need to be approved by shareholders at the company's annual meeting in August.
Tesla (TSLA) closed Friday at a little over $696 per share. If the split were to happen today, its stock would be worth $232 a share.
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