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edia.org/wiki/Tesla,_Inc.">Tesla also produces</a> the Powerwall (rechargeable lithium-ion battery used in a home), Powerpack (rechargeable lithium-ion storage used for home energy storage), and Megapack batteries (large scale lithium storage product).</p><div id="fefd" class="link-block"> <a href="https://www.datadriveninvestor.com/2020/03/28/handpicked-resources-for-the-best-short-term-investment-options-of-2020/"> <div> <div> <h2>Handpicked resources for the best short-term investment options of 2020 | Data Driven Investor</h2> <div><h3>Investing is a great way to increase your net wealth. If you have saved a good amount of money by following a strict…</h3></div> <div><p>www.datadriveninvestor.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*h6oXpVYFnfKSNnCm)"></div> </div> </div> </a> </div><p id="fff2">In 2016, Tesla also acquired the solar company Solar City. Tesla is in the business to provide homeowners solar panels and businesses. Many people think of Tesla as a car company but as you see, Tesla offers many different products.</p><h1 id="6cef">Why more investors will buy Tesla stock</h1><p id="f192">Tesla stock has performed very well from July 2019 to June 2020 as the stock recorded four profitable quarters. What this means is that this makes the stock eligible to be added to the S&P 500. The company also reached a market cap of $205 billion surpassing Toyota to become the most valuable automaker.</p><p id="cc60">Due to the high cost to own Tesla stock today, this puts the stock out of reach to most investors. Some investors can still buy fractional shares to own a part of a Tesla stock but that’s not the same as owning a whole share of stock. With the stock split, this will offer a much more affordable price for investors to buy Tesla stock.</p><h1 id="4c10">Why is Tesla splitting their stock?</h1><p id="1824">When Elon Musk took Tesla public 10 years ago, he always looked out for the little guy. The stock split aligns with Elon’s vision offering the stock available to more investors.</p><figure id="58cc"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*Y1OyStaxArYm-4JV15_nzA.jpeg"><figcaption>Twitter</figcaption></figure><p id="dbab">The stock itself has surged 500% in 2020 making it the most valuable carmaker in the world. In a July twitter comment, he mentioned that he would consider a stock split to get the stock in the hands of the smaller investors.</p><div id="58f7" class="link-block"> <a href="https://readmedium.com/what-you-need-to-know-about-apples-4-for-1-stock-split-cb8ee151a4c1"> <div> <div> <h2>What You Need to Know About Apple’s 4 for 1 Stock Split</h2> <div><h3>A look at Apple’s history, products, past stock splits, and future projection</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*WjDXPXGVErBzJs_rlbkBAA.jpeg)"></div> </div> </div> </a> </div><h1 id="8bba">What happens if you currently own Tesla stock?</h1><p id="3a85">Tesla’s board approved a 5

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for 1 stock split. This means that any Tesla stock you own on August 21, your stock will split on August 31 into five shares. Tesla will figure out the exact calculations on the price of the stock.</p> <figure id="f994"> <div> <div> <img class="ratio" src="http://placehold.it/16x9"> <iframe class="" src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2F8h0v-_w_L50%3Ffeature%3Doembed&display_name=YouTube&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D8h0v-_w_L50&image=https%3A%2F%2Fi.ytimg.com%2Fvi%2F8h0v-_w_L50%2Fhqdefault.jpg&key=a19fcc184b9711e1b4764040d3dc5c07&type=text%2Fhtml&schema=youtube" allowfullscreen="" frameborder="0" height="480" width="854"> </div> </div> </figure></iframe></div></div></figure><p id="f534">Essentially, you will not lose any money in your Tesla shares. The shares will split from the price on August 21 into five shares a week later.</p><h1 id="c5d0">Buy now or Buy later</h1><p id="29e0">To understand a stock split, you can compare splitting a $25 bill in five$ 5 bills. You still have $25 either 5 or with five$ 5 bills. Both dollar formations equal $25. The same is true with a stock split. You still have the same amount of stock.</p><p id="9d47">If Tesla stock is$ 1600 when the stock splits, you’ll have four additional shares of Tesla stock. So today you may not have $1600 to buy Tesla stock. If you have the money, then great. You can buy the stock. Tesla stock is actually trading for$ 1631.75 at the time of this writing.</p><p id="e74a">Tesla stock could be $1600 when the stock splits. So Tesla stock will trade for$ 320 after the split. If you don’t have $1600 today, then you can wait until the stock splits and buy the stock for$ 320. Either way, you can buy the stock but it depends on the money you currently have available.</p><div id="61e6" class="link-block"> <a href="https://readmedium.com/10-powerful-tips-to-help-you-invest-in-2020-be40ecb8edf1"> <div> <div> <h2>10 Powerful Tips to Help You Invest in 2020</h2> <div><h3>Avoid the noise as well as the so-called experts on your journey</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*IjBQScpTRSt54LLAlB3ZOA.jpeg)"></div> </div> </div> </a> </div><p id="239d">Do you plan to buy Tesla after the stock split?</p><p id="b2d4"><i>The writer owns shares of Tesla (TSLA) stock.</i></p><p id="6d8f"><a href="https://medium.com/@tomhandy1"><b>Tom Handy</b></a><b> </b>is a top Writing, Finance, Investment, and Bitcoin writer on Medium, and the father of two kids. He retired from the Army and sits on several non-profit boards. You can find him on Twitter<a href="http://www.twitter.com/tomhandy1"> @tomhandy1</a>.</p><p id="53da">This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any significant financial decisions.</p><p id="36f9"><b>Gain Access to Expert View — <a href="https://datadriveninvestor.com/ddi-intel">Subscribe to DDI Intel</a></b></p></article></body>

The Latest Tesla Stock News You Need to Know

This could be the perfect time to own Tesla stock

You may have heard the latest news about Tesla having a 5 for 1 stock split. In a crazy year for the stock market, Tesla is one of the few bright spots. This may also be the perfect time to own part of this company. Detailed below you’ll find out when you need to own the stock to be part of the stock split. Also, you’ll find out when you can buy Tesla after the stock split. I hope to explain a few details so you know more about the company as well as Elon Musk, one of the founders of Tesla. Hopefully, this will give you some insight so you can make your own decision.

What exactly is Tesla?

Tesla, Inc. formerly Tesla Motors, Inc., was founded in July 2003 by Martin Eberhard and Marc Tarpenning. The company name was in tribute to Nikola Tesla, the investor, and electrical engineer. Joining them were Ian Wright, Elon Musk, and J.B. Straubel who were named co-founders of the company. Musk was formerly the chairman but is currently the CEO for Tesla.

What products does Tesla provide?

Tesla is well known for the cars they produce. Some of the models are the Model S, the Model 3, Model X, and Model Y. These vehicles are powered by electricity and not gas.

Then you may have heard about the Cyber Truck that is currently in production. To date, over half a million people have preordered this electric truck that looks like a futuristic vehicle. When unveiled last year, the truck could withstand damage when hit by a strong object.

The company is also working on a Tesla Semi truck. The truck is expected to cost $150,000 with a range of 300 miles. Trucks with a 500-mile range will be priced around $200,000. The initial 200 trucks called the Founder Series is priced at $200,000 each.

Tesla also produces the Powerwall (rechargeable lithium-ion battery used in a home), Powerpack (rechargeable lithium-ion storage used for home energy storage), and Megapack batteries (large scale lithium storage product).

Handpicked resources for the best short-term investment options of 2020 | Data Driven Investor

Investing is a great way to increase your net wealth. If you have saved a good amount of money by following a strict…

www.datadriveninvestor.com

In 2016, Tesla also acquired the solar company Solar City. Tesla is in the business to provide homeowners solar panels and businesses. Many people think of Tesla as a car company but as you see, Tesla offers many different products.

Why more investors will buy Tesla stock

Tesla stock has performed very well from July 2019 to June 2020 as the stock recorded four profitable quarters. What this means is that this makes the stock eligible to be added to the S&P 500. The company also reached a market cap of $205 billion surpassing Toyota to become the most valuable automaker.

Due to the high cost to own Tesla stock today, this puts the stock out of reach to most investors. Some investors can still buy fractional shares to own a part of a Tesla stock but that’s not the same as owning a whole share of stock. With the stock split, this will offer a much more affordable price for investors to buy Tesla stock.

Why is Tesla splitting their stock?

When Elon Musk took Tesla public 10 years ago, he always looked out for the little guy. The stock split aligns with Elon’s vision offering the stock available to more investors.

The stock itself has surged 500% in 2020 making it the most valuable carmaker in the world. In a July twitter comment, he mentioned that he would consider a stock split to get the stock in the hands of the smaller investors.

What You Need to Know About Apple’s 4 for 1 Stock Split

A look at Apple’s history, products, past stock splits, and future projection

medium.com

What happens if you currently own Tesla stock?

Tesla’s board approved a 5 for 1 stock split. This means that any Tesla stock you own on August 21, your stock will split on August 31 into five shares. Tesla will figure out the exact calculations on the price of the stock.

Essentially, you will not lose any money in your Tesla shares. The shares will split from the price on August 21 into five shares a week later.

Buy now or Buy later

To understand a stock split, you can compare splitting a $25 bill in five $5 bills. You still have $25 either 5 or with five $5 bills. Both dollar formations equal $25. The same is true with a stock split. You still have the same amount of stock.

If Tesla stock is $1600 when the stock splits, you’ll have four additional shares of Tesla stock. So today you may not have $1600 to buy Tesla stock. If you have the money, then great. You can buy the stock. Tesla stock is actually trading for $1631.75 at the time of this writing.

Tesla stock could be $1600 when the stock splits. So Tesla stock will trade for $320 after the split. If you don’t have $1600 today, then you can wait until the stock splits and buy the stock for $320. Either way, you can buy the stock but it depends on the money you currently have available.

10 Powerful Tips to Help You Invest in 2020

Avoid the noise as well as the so-called experts on your journey

medium.com

Do you plan to buy Tesla after the stock split?

The writer owns shares of Tesla (TSLA) stock.

Tom Handy is a top Writing, Finance, Investment, and Bitcoin writer on Medium, and the father of two kids. He retired from the Army and sits on several non-profit boards. You can find him on Twitter @tomhandy1.

This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any significant financial decisions.

Gain Access to Expert View — Subscribe to DDI Intel