Tech Tesla soared around 50% after company announced its 5 for 1 stock split The FINANCIAL — Tesla announced on August 11, 2020 that the Board of Directors has approved and already declared a five-for-one split of Tesla’s common stock in the form of a stock dividend. The goal of this action is to make stock ownership More by The FINANCIAL August 24, 2020December 27, 2020 5 mins read