$TSLA Tesla’s last stock split dates back just a few years ago in 2020. At the time, Tesla’s stock was trading at around $1,300 a share, but the stock-split announcement sent its stock price surging to a record high of $2,000 a share. The split resulted in the price per share being reset at around $460 and a valuation of about $430 billion. The stock grew quite fast following the 5-for-1 split with Tesla, roughly doubling its valuation over the next year. The company announced its intentions to do another stock split back in March 2022 and last month, Tesla revealed that it will be a 3-for-1 stock split if approved by shareholders. The vote is coming up at Tesla’s annual shareholder’s meeting on Thursday, August 4.
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