Market Cap 1.11T 52 wk Range 546.98-1,243.49 EPS 4.92 Average Vol. (3m) 26,787,526 P/E Ratio 218.95 1-Year Change 61.33% Shares Outstanding 1,033,507,611
Stock Split divides existing shares into a number of smaller pieces which results the stock price going down and increasing the number of shares.
Tesla (TSLA) is now trading at around $ 1,077 per share and has now increased by 63% in the last 12 months, and more than $ 1.1 trillion in market capitalization.
Till now Board members did not announce details about how many shares investors would receive.
>> To keep the stock at an affordable price. >> Better accessible to employees who receive stock-based compensation.
Tesla had a 5-for-1 stock split in August 2020, which helped raise the stock price by 743% in that year.
>> Tesla's revenue rose to $ 53.8 billion by 2021 >> United States share by 58% to $ 23.97B
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