Stock split

Tesla's Board of Directors approved a five-for-one split of the company's common stock in the form of dividends to make ownership more accessible to employees and investors. Each Tesla shareholder holding Tesla shares as of the record date of August 21, 2020 will receive a dividend in the form of 4 additional shares per each of its shares, which will be distributed at the close of trading on August 28, 2020. Trading in shares adjusted for splitting will commence on August 31, 2020.