![Tesla stock is about to get much cheaper](https://cdn.cnn.com/cnnnext/dam/assets/220610164422-tesla-store-california-2021-file-super-tease.jpg)
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.
![](/newspic/picid-6252001-20250206034049.jpg)
The CIA has sent the White House an unclassified email listing all new hires that have been with the agency for two years or less in an effort to comply with an executive order to downsize the federal workforce, according to three sources familiar with the matter – a deeply unorthodox move that could potentially expose the identities of those officers to foreign government hackers.
![](/newspic/picid-6252001-20250205191707.jpg)
Trump administration officials are hurrying to catch up to the president’s audacious and improbable plan for the United States to take ownership of Gaza and redevelop it into a “Middle Eastern Riviera,” trying to wrap their heads around an idea that some hope might be so outlandish it forces other nations to step in with their own proposals for the Palestinian enclave.