19 August 2022 | Other

Tesla 3 to 1 split will take place on August 25

Shareholders of the largest electric car manufacturer in the world have decided to split the deal with a 3:1 ratio.

The goal of the share split is to further attract retail investors, as well as bring the market value of Tesla's shares down to $300. Trading taking into account the company's share split will start on August 25. For the first time, the intention to split the company's shares became known from a tweet on March 28.

According to Craig Irwin, an analyst of Roth Capital Partners investment bank, the decision to split the shares was made at the right time, as "the market seems to be heading in the right direction."

Recall that this is the second split that Tesla has carried out in the past two years. The growth of the company's shares was facilitated by their division in the ratio of 5 to 1 in August 2020. Then, Tesla shares rose by 60% from the announcement to the split execution date.

Company MarketCheese
Period: 31.12.2025 Expectation: 900 pips
AUDUSD picks up steam to 0.6600
Yesterday at 11:25 AM 65
Period: 10.09.2025 Expectation: 1040 pips
USDCAD builds bullish momentum as it exits oversold territory
Yesterday at 10:44 AM 57
Period: 09.09.2025 Expectation: 1000 pips
Ascending trendline and EMA50 could help EURUSD retest 1.173
Yesterday at 10:15 AM 48
Period: 10.09.2025 Expectation: 1140 pips
Correction followed NVIDIA’s Q2 report provides investors with favorable opportunities
Yesterday at 09:40 AM 39
Period: 31.12.2025 Expectation: 8600 pips
USDJPY to slide down to 140.00 in medium term
Yesterday at 08:11 AM 37
Period: 09.09.2025 Expectation: 4600 pips
Resumed BTCUSD growth and bullish Stochastic signal suggest buying with $115,000 target
02 September 2025 75
Go to forecasts