Trading and investing are two different ways to take a position on the Tesla share price. What's more, most brokerages offer fractional trading now anyways, allowing small traders to buy a slice of expensive stocks. Toni Sacconaghi on why his price target for Tesla is $900. But that isn’t much of a reason that shares should rise, or fall, on a split announcement. Try a risk-free trade in your demo account, and see whether you’re on to something. Tesla's stock jumped as much as 6% in after-hours trading Tuesday after the company announced a five-for-one stock split, set to go into effect on August 31. Tesla released a statement that the split was to ‘make stock ownership more accessible to employees and investors’. This meant that there was a five-fold increase in the number of shares in circulation and that each share was reduced to one-fifth of its pre-split value. The shares will begin trading on a split-adjusted basis on August 31. Tesla shareholders will then see their single shares turn into five smaller shares. At this stage and because this is Tesla’s first stock split, it’s hard to know whether the company will split its stock again. Get the week’s market-moving news sent directly to your inbox every Sunday. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The shares will begin trading on a split-adjusted basis on August 31. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. We use a range of cookies to give you the best possible browsing experience. Shares of Tesla soared 6.5% in extended trading on Tuesday after the electric car maker announced a 5-for-1 stock split. For example, if TSLA stock was trading at $1500 a share pre-split, the split-adjusted share price would be $300. The Tesla (TSLA) stock split on 31 August 2020 was a five-for-one split, meaning that there are now five times the number of shares in circulation as there were pre-split, and historical share prices have been adjusted to one fifth of their pre-split value. The split means more retail investors can purchase Tesla stock, which closed at $1,374.39 yesterday and has more than tripled in value this year (+228% YTD). Find out what charges your trades could incur with our transparent fee structure. Tesla Announces a Five-for-One Stock Split August 11, 2020 PALO ALTO, Calif. , Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. ( Tesla ) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla s common stock in the form of a stock dividend to make stock ownership more accessible to employees and On August 11, the day the manufacturer of electric vehicles announced a five-for-one stock split, Tesla’s shares closed at $1,374.39. Tesla carried out a stock split on 31 August 2020. Prices above are subject to our website terms and agreements. Tesla shares are much, much cheaper Monday after the stock's 5-1 split. Please be advised of the upcoming Tesla, Inc. (TSLA) 1st stock split and Apple Inc. (AAPL) 5th stock split that are going to take place as per the following schedule. Tesla stock split 2020: what you need to know, How to buy, sell and short Metro Bank shares, Tesla share price: 5 key investor notes ahead of Q1 2020 earnings, Get full exposure for a comparatively small deposit, Get greater order book visibility with direct market access, Analyse and deal seamlessly on fast, intuitive charts, See and react to breaking news in-platform. Tesla’s stock is currently priced at an exceedingly high 148 times expected earnings, according to Refinitiv, and that valuation will not be affected by the upcoming stock split. Both IG Markets Ltd (Register number 195355) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority. Alternatively, you can trade the TSLA share price with financial derivatives like spread bets and CFDs. This means that Tesla gives four more shares for every share owned now. Tesla shares launched as much as 7% higher in early Wednesday trading after the automaker announced a five-for-one stock split set for later this month.. Every Tesla … .na-article .article__content ol li:before{top:0} html:lang(en-GB) .news-tag{ display: block; You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. 1 … What we do know, is that many investors and traders had been eyeing a Tesla stock split for some time given the share’s price rise in the first half (H1) of 2020 – which occurred despite the coronavirus pandemic. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch. Tesla declares a 5-for-1 split, sending its shares ripping higher. The Tesla stock split was five-for-one. Tesla will start trading on a split-adjusted basis Aug. 31. Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. Go long or short on thousands of international stocks with spread bets and CFDs. Telsa will be splitting its stock at a 5-to-1 ratio. Get this delivered to your inbox, and more info about our products and services. Professional clients can lose more than they deposit. That gain makes this week’s 8% jump look small. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. 2020’s stock split came as a surprise for some Tesla shareholders, especially given CEO Elon Musk’s lack of interest in discussing the subject in the past. 2 Place 3+ trades on your share dealing account in the previous month to qualify for our best commission rates. Tesla will be enacting a 5-for-1 stock split on August 31. Create a trading account to speculate on Tesla. Data is a real-time snapshot *Data is delayed at least 15 minutes. Tesla split its stock 5-for-1 while Apple split its stock 4-for-1 in the move to make their share more affordable to everyday investors. Since the split was announced, Tesla shares have gained 61%. Tesla said Tuesday that its board had approved a five-for-one split in its soaring stock.. Create a share dealing account to invest in Tesla. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Learn about the upcoming Apple stock split. With spread bets and CFDs, you can go long to speculate on the Tesla share price rising, as well as short to speculate on it falling. CFD, share dealing and stocks and shares ISA accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). There is a Tesla stock split in the cards. This information has been prepared by IG, a trading name of IG Markets Limited. So far, the stock has soared more than 220 percent year-to-date. That would be pretty impressive even if it weren’t for the 5-for-1 stock split that Tesla did at the end of August, which has given investors in Tesla’s stock a roughly 650% gain year-to-date. All shares prices are delayed by at least 15 mins. More Accessible. Also, the S&P 500 has expanded by 5%. Learn more about the Tesla stock split and what it means for investors and traders alike. Sign up for free newsletters and get more CNBC delivered to your inbox. These let you take a position without owning the stock outright, and you’ll be able to trade with leverage – granting you full market exposure for an initial deposit known as margin. The record moves for both companies come ahead of their prepared stock splits. Don’t miss your chance. 2 Place 3+ trades on your share dealing account in the previous month to qualify for our best commission rates. Tesla stock ascent continues on record date for 5-for-1 stock split Investors holding Tesla stock at the end of Friday will be due five new shares, likely priced at around US$400 each. Past performance is no guarantee of future results. Tesla’s stock (TSLA) has surging to$2,000 a share ahead of the stock split and the shorts are running away. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Consequently any person acting on it does so entirely at their own risk. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. 1 Financial Times, 2020. 2020's stock split came as a surprise for some Tesla shareholders, especially given CEO Elon Musk's lack of interest in discussing the subject in the past. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Tesla released a statement that the split was to ‘make stock ownership more accessible to employees and investors’.1 This came after a meteoric year for the company, which added more than 500% to its share price over 12 months from August 2019 to August 2020. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. Tesla’s stock split explained The tech company has announced that it has split its stock 5-for-1. We want to hear from you. The split date is Aug. 28, 2020. The shares will begin trading on a split-adjusted basis on August 31. Tesla (NASDAQ: TSLA) has announced that its Board of Directors has approved a 5:1 split for the company’s common stock in the form of a dividend. This past week it was Tesla announced it to be included in the S&P 500 making it both a domestic and global contender. .cq-wcm-edit .news-tag{display:block;} 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. Tesla (TSLA) is one of the most loved and hated companies. Tesla shares soared in premarket trading Wednesday after Elon Musk’s electric car-maker announced a 5-for-1 stock split. For example, an investor that owned 10 shares worth $2318.49 each pre-split would’ve had 50 shares worth $463.69 each post-split (based on the company’s 52-week high pre-split). If Tesla stock clears resistance, a test of the highs is possible. Tesla, Inc. (TSLA) 1st stock split Ex-Date: Aug 31st, 2020. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Tesla reported the stock split on August 11. Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. The Tesla stock split will be 5:1, which means if the stock is trading at $2,000, you can buy shares for just $400. New client: 0800 1953100 or newaccounts.uk@ig.com, Marketing partnerships: marketingpartnership@ig.com, IG | Sitemap | Terms and agreements | Privacy | IG Community | Cookies | Investors | Modern slavery act. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. This is the first stock split that Tesla has ever carried out, so there is no company precedent to compare this split to. Apple is enacting a 4-for-1 stock split on the same date. You can view our cookie policy and edit your settings here, or by following the link at the bottom of any page on our site. Tesla has been a favorite stock for day traders and other retail investors lately. No representation or warranty is given as to the accuracy or completeness of this information. Don’t miss your chance – upgrade to a live account to take advantage. See full non-independent research disclaimer and quarterly summary. You must own Tesla shares as of this date to be eligible to receive the additional shares created by the split. Theoretically, the move could mean more smaller investors could afford the stock, but those investors are minuscule compared to major institutions. Remember, Tesla’s August 31 … The move will make the ownership of … Post stock split, the range of target prices for analysts covering Tesla is $17.40 to $500, with the median target price being $295. A Division of NBCUniversal. All trading involves risk. If it was trading at $400 a share pre-split, the split-adjusted share price would be $80. Got a confidential news tip? Investing means you’ll take direct ownership of TSLA stock and become a company shareholder; trading means you’ll be speculating on the share price rising or falling without owning the stock outright. By continuing to use this website, you agree to our use of cookies. Tesla is currently 23.43% below its all-time intraday high of $1,794.99, which it hit on July 13. All Rights Reserved. Shares of Tesla have more than tripled so far this year, and are up 228.54% year-to-date. }. 2020's stock split came as a surprise for some Tesla shareholders, especially given CEO Elon Musk's lack of interest in discussing the subject in the past. Tesla announced a five-for-one stock split on Tuesday evening. Tesla announced a five-for-one stock split on Tuesday evening. Finally, Monday, Aug. 31, is the date on which Tesla shares will finally start trading at post-split prices. Tesla announced a five-for-one stock split on Tuesday evening. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. © 2021 CNBC LLC. Prices are indicative only. What we do know, is that other large companies such as Apple (AAPL) and Alphabet (GOOGL) have carried out more than one stock split in their history, so perhaps Tesla will be no different in this respect. PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Why did Tesla split its stock? Apple similarly announced its latest stock split on July 30. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of … Log in to take advantage while conditions prevail. Theoretically, the move could mean more smaller investors could afford the stock, but those investors are minuscule compared to major institutions. Tesla has announced a new five-way stock split to take effect on August 28th, which will make the company’s shares cheaper for buyers. Tesla’s shares have already soared 35% since the stock split announcement on Aug 11, propelling the electric car maker’s market valuation to $401.2 billion as of Aug 26. Since that date, its offers have expanded by 81%. Stay on top of upcoming market-moving events with our customisable economic calendar. Tesla Announces a Five-for-One Stock Split PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. (“Tesla”) announced today that the … The Tesla (TSLA) stock split on 31 August 2020 was a five-for-one split, meaning that there are now five times the number of shares in circulation as there were pre-split, and historical share prices have been adjusted to one fifth of their pre-split value. Both Apple shares and Tesla shares will begin trading on a split-adjusted basis on August 31, 2020. The split-adjusted share price is simply whatever the price was before the split, divided by five. Learn more about trading and investing in Tesla shares. That's the day the split takes place. The stock reacted most recently to Tesla's second quarter earnings, when it reported its fourth straight quarter of profits, which qualified it to join the S&P 500. When you invest in TSLA with us, you’ll benefit from our best commission on US-listed shares.2 This means you’ll be able to buy Tesla shares for zero commission if you opened three or more positions on your share dealing account in the previous month. The electric … Tesla has announced a 5 for 1 stock split after market close today, sending its stock (TSLA) jumping as much as 8% in after-hours trading.