An investor that had 100 shares of Tesla stock prior to the split would have 500 shares after the split.As well as future production targets, Ark Invest’s high valuation is also due to their belief in the Tesla Network. The newly minted shares were distributed to shareholders after the market closes on Friday, August 28th 2020. The 5-1 split was announced on Tuesday, August 11th 2020. If Tesla stock rose to $3,000 a share, by today’s standards it would make it by far the most valuable company on earth, worth around $3 trillion.Tesla shares split on the morning of Monday, August 31st 2020. Tesla is by far the world’s most valuable automaker with a market cap of over $730 billion. The stock has risen by over 1,700% in the last five years, with 2020 in particular being a remarkable year for Tesla’s share price.
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