If you invested $ 1,000 in Tesla right after the stock split, here’s how much you would have now – Tesla Motors (TSLA)

0


A surge in the valuation of Tesla Inc (NASDAQ: TSLA) made the company one of the world’s most valuable publicly traded companies and increased the CEO’s wealth Elon musk. The move in shares has also raised questions about whether the company will issue a stock split again.

Here’s a look at how stocks have performed since the last stock split.

What happened: In August 2020, Tesla announced a five-for-one split, giving each Tesla shareholder five shares of the company for every share of TSLA they owned.

The move was finalized on August 31 after the market closed, with shares closing at $ 498.32 after fractional adjustment.

With Tesla shares trading above $ 1,000 and continuing to soar, some said they wouldn’t be surprised to see the company announce a stock split.

Tesla shares have risen more than 70% since the start of the year. Musk is the richest person in the world, valued at $ 335 billion after adding more than $ 165 billion to his wealth in 2021.

See also: Tesla Up 50% In One Month: Is The Stock Set For A Short Trade?

Tesla is currently the seventh public company or most valuable asset according to Assetdash.com to $ 1.18 trillion. The electric vehicle ranks only behind Microsoft Corp (NASDAQ: MSFT), Apple Inc (NASDAQ: AAPL), Saudi Aramco, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon.com Inc (NASDAQ: AMZN) and Bitcoin (CRYPTO: BTC) for the title of the most valuable company.

Invest $ 1,000 in TSLA after the split: Tesla opened for $ 502.14 on September 1, 2020, after completing the five-for-one stock split.

An investor could have bought 1.99 shares with $ 1,000 to open on September 1.

The $ 1,000 investment would be worth $ 2,332.28 today based on a price of $ 1,172 for TSLA shares.

The hypothetical $ 1,000 investment would be up 133% in 14 months.


Leave A Reply

Your email address will not be published.