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Tesla Board Approves Three-for-One Stock Split

Tesla Inc. (TSLA) said that its board has approved and declared a three-for-one split of its common stock.

The Luxury electric car maker said that each stockholder of record on August 17, 2022 will receive a dividend of two additional shares of common stock for each then-held share, to be distributed after close of trading on August 24, 2022.

Trading will begin on a stock split-adjusted basis on August 25, 2022.

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