Tesla shareholders expected to clear the way for a 3-for-1 stock split
Tesla investors on Thursday are expected to clear the way for the company to complete its second stock split for about two years.
Elon Muskthe electric vehicle maker, whose stock price has nearly tripled in the past two years, is make a stock split plan 3 get 1 which the company says is designed to make ownership easier for employees and individual investors. Tesla needs shareholders to sign off on new shares to complete the split. The move will not affect the company’s market value, which peaked at $960 billion on Wednesday.