Tesla stock split: Here is all the information #tesla #elonmusk #business #stocks #aapl

 

Tesla shares tumbled on Monday after the stock split 5-1.

Although Tesla's stock closed up 12.5% ​​at $ 498.32 a share on Monday, this is still $ 1800 cheaper than the place it traded on Friday. The company announced a stock split earlier this month, making the shares more accessible to regular investors.

The division will not change the value of the investors' total holdings in the company. The number of shares that make up their portfolios will only grow. Tesla shareholders (TSLA) receive four shares for every share they held last week.

Tesla remains a huge target for short sellers - investors who borrow and sell stocks in the hope of eventually buying them at a lower price.

Elon Musk, CEO of Tesla, likes to point out (right, so far) that analysts have been consistently wrong and that Wall Street continues to raise its earnings expectations and price targets on the stock.

Tesla may also receive an additional boost if it is finally added to the S&P 500 (INX) - a move that could happen soon now that the company has posted a consistent series of profitable quarters.

Apple Inc. (AAPL) also began trading on Monday after its stock split, as shares are now about $ 400 cheaper after a 4-1 split. Apple stock is now trading at $ 129.04 a share, after rising 3.4% on Monday. That's compared to about $ 500 last week.