Tesla Announces a Five-for-One Stock Split
August 11 2020 - 4:59PM
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. Each stockholder of record
on August 21, 2020 will receive a dividend of four additional
shares of common stock for each then-held share, to be distributed
after close of trading on August 28, 2020. Trading will begin on a
stock split-adjusted basis on August 31, 2020.
Forward-Looking Statements
Certain statements, including, without
limitation, statements regarding the expected timing and impact of
the stock dividend are “forward-looking statements” that are
subject to risks and uncertainties. These forward-looking
statements are based on management’s current expectations. Various
important factors could cause actual results to differ materially,
including the risks identified in our filings with the Securities
and Exchange Commission, including our Quarterly Report on Form
10-Q for the quarter ended June 30, 2020. Tesla disclaims any
obligation to update this information.
Investor Relations Contact:
ir@tesla.com
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