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The Tesla Stock Split

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Get all the latest news, live updates & top stories on Tesla stock

Tesla shares have become much more affordable today after the stock's 5-1 split. As reported by CNN, while Tesla's stocks closed 12.5% higher at $498.32 a share today, that's still around $1,800 cheaper than where it was trading on last Friday. The split was, of course, no mere coincidence; the company had announced the stock split earlier this month with the goal of making shares more affordable for average investors. In summary, Tesla stockholders are now getting four shares for each share they held last week.

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