There will definitely be a rally. What is harder to predict is when and how severe the pull back will be after the rally. I'm personally just going to stay long the common stock. Overall the split is a bullish sign from Tesla that they expect the stock to either stay high or trend higher. Pair that with increased accessibility for retail investors and greater affordability of the options and you get an price upswing. It will be interesting to see the wording of the resolution of the shareholders vote as that is probably when we will have the earliest idea of what the split will look like. I'veseen speculation range between 5 to 1 and 20 to 1 so I guess we'll have to wait and see.
Will Tesla Stock Split Spark Another Rally?
Tesla's last stock split caused shares to gain 80% over the roughly three weeks in 2020. How about this time?
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