Tesla slid over 2% in premarket trading after filing for3-for-1 stock split.
Tesla filed for a 3-for-1 stock split as part of its SEC filings for an upcoming annual meeting.
Moreover, Larry Ellison won't stand for re-election to the board, and the company will therefore reduce the board's composition to seven seats. Ellison and the board made that determination together in June, the company said.
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