This follows the recent stock splits from a string of tech companies including Google, Shopify, and Amazon. It's the second stock split for the company in less than two years. Tesla said the stock split can "help reset" share prices so that employees "have more flexibility in managing their equity" and to be "more accessible to our retail shareholders." The Friday announcement came just one day after Tesla's shareholder meeting at its new headquarters in Austin, Texas. Tesla's three-for-one stock split is official.
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