On August 24, Tesla (TSLA) is anticipated to split its stock 3-for-1, and trading will begin on an adjusted basis on August 25. For each share owned as of August 17th, shareholders will receive two more shares. When Tesla declared its intention to split its stock on March 28th, 2022, its share price was trading at over $1,000 per share.
On August 31, 2020, Tesla split its stock for the final time. From August 11th, when a 5-for-1 split was announced, until it was actually implemented, shares increased by a staggering 81%. Investors flocked in after the previous split.