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Video: What is a Stock Split?
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Tesla designs, develops, manufactures, sells and leases electric vehicles and energy generation and storage systems, and provides services related to its products. Co. reportable segments include automotive and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of electric vehicles as well as sales of automotive regulatory credits. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. According to our TSLA split history records, Tesla has had 2 splits. | |
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Tesla (TSLA) has 2 splits in our TSLA split history database. The first split for TSLA took place on August 31, 2020. This was a 5 for 1 split, meaning for each share of TSLA owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 5000 share position following the split. TSLA's second split took place on August 25, 2022. This was a 3 for 1 split, meaning for each share of TSLA owned pre-split, the shareholder now owned 3 shares. For example, a 5000 share position pre-split, became a 15000 share position following the split.
When a company such as Tesla splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the TSLA split history from start to finish, an original position size of 1000 shares would have turned into 15000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Tesla shares, starting with a $10,000 purchase of TSLA, presented on a split-history-adjusted basis factoring in the complete TSLA split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
10/03/2024 |
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Start price/share: |
$17.30 |
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End price/share: |
$240.66 |
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Dividends collected/share: |
$0.00 |
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Total return: |
1,291.10% |
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Average Annual Total Return: |
30.13% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$139,142.86 |
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Years: |
10.00 |
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Date |
Ratio |
08/31/2020 | 5 for 1 | 08/25/2022 | 3 for 1 |
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