EV giant- Tesla announces a 3-for-1 stock split
Tesla (NASDAQ:TSLA) declared a three-for-one split of common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors.
Each stockholder of record on August 17, 2022 will receive a dividend of two additional shares of common stock for each then-held share, to be distributed after close of trading on August 24, 2022.

Trading on a stock split-adjusted basis to begin on August 25, 2022.
Stock ended the day close to $864.5 on Friday, market cap at $967B; the stock has seen a YTD loss of ~27% in price.
Read contributor analysis of the stock: 'Tesla: No Competitor Yet From EV Startups'
Quick look at the sell-side analyst rating of Buy with 3.78 score and average price target set at $910.28.