I have some dates here, all in

2022-08-07

I have some dates here, all in US Eastern Standard Time (EST) :-

1) The Record Date will be on 16.8.2022.

2) The 'splitting action of a 3-for-1' split willbe on 24.8.2022, whereby 'a dividend' of two additional shares for each share-in-hand as of the above Record Date will be distributed after the close of trading.

3) The Adjusted Stock-Split shares will starttrading on a ready basis at 10 am on 25.8.2022.

TSLA Stock News: 5 Biggest Headlines That Tesla Investors Need to Know This Week

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

SirBahamut
2022-08-07
SirBahamut
Huarry stock split!
pipiso
2022-08-07
pipiso
good info
haircut
2022-08-07
haircut
ok
Wtt
2022-08-07
Wtt
k
Csboi
2022-08-07
Csboi
Ok
WendyGoh
2022-08-07
WendyGoh
Ok

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Fans and investors alike were eagerly awaiting the shareholder meeting, rebranded as the Cyber Roundup. This meeting brought the updates that Wall Street had been waiting for weeks; the 3-for-1 stock split has been approved by Tesla’s shareholders. Elon Musk also discussed other aspects of Tesla’s business, such as the long-awaited Cyber Truck. On top of it, the company is ramping up production at its gigafactories in Berlin and Austin, Texas despite the recent shutdowns. Musk also hinted that the company might be able to announce another factory location later this year,” though he provided no further details.Despite the positive news regarding the stock split, TSLA stock is still falling today as the momentum that carried it through this week dies down. However, it will likely pick back up in the weeks ahead as anticipation mounts for the Tesla stock split. Musk did not reveal a date for the split but until he does, TSLA stock will have a looming growth catalyst to push it upward. The shareholder vote isn’t the only good news for Tesla investors, though.Let’s take a look at this week’s top Tesla stories that investors should be reading.Top Headlines for TSLA Stock Investors1. Tesla’s 3:1 Stock Split Wins Shareholder Approval — Here’s What It Means For InvestorsAs noted, the motion to split TSLA stock again received the approval it needed from shareholders. Few experts expressed any doubts that the motion would pass. However, not that it is confirmed, Tesla investors have something important to look forward to. A stock split does not change anything fundamentally about a company,” notesInvestorPlaceassistant news writer Eddie Pan. “Still, retail investors maybe more inclined to buy whole shares at lower prices.” That logic carried TSLA stock to impressive gains leading up to its 2020 stock split. Now it looks primed to embark on a similar growth trajectory.2. Elon Musk Says Inflation Will Fall. That Bet Has Helped Tesla’s Stock Soar 45% Since JuneThe stock split isn’t the only noteworthy event from the Cyber Rodeo. Musk stated that he felt peak inflation had passed but predicted a “mild recession,” which could last as long as 18 months. “The trend is down, which suggests we are past peak inflation,” Musk stated at the event at Tesla’s Austin, Texas gigafactory. “I think inflation is going to drop rapidly at some point in the future.” This bet essentially assumes that the Federal Reserve will ease the trend of severe interest rate hikes. While TSLA stock has been rising since June, inflation subsiding could also help it rise.3. Tesla Model Y is on track to be the world’s best-selling carIt’s well known that Tesla’s Model Y is the world’s best-selling electric vehicle (EV). But according to Musk, it may soon have an even more impressive and important statistic to report. As Electrek reports, “the electric SUV is going to be the best-selling vehicle in the world by revenue this year, and the company expects that it will be the best-selling vehicle by volume next year once Tesla has ramped up production at Gigafactory Texas and Gigafactory Berlin.” To obtain the title of the world’s best-selling car, Tesla would have to unseat the Toyota Corolla, which currently boasts1,150,000 sales.4. Tesla’s Cybertruck is going to be more expensive than originally plannedBoth investors and auto buffs have been waiting patiently for the Tesla Cybertruck to hit the road. The Cyber Roundup brought an update but it may not be one that prospective buyers were hoping for. Musk informed viewers that the futuristic vehicle would no longer be priced at $39,900 when it debuts in 2023. He still promises it will be “one hell of a product” but did not provide an exact figure for what buyers can expect to pay for their Cybertrucks. 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