Today is the Red Letter Day for Tesla investors as the 3 for 1 stock split happens this very day.
Technically a stock split does not change the market capitalisation of a company. However for the retail investors, it makes it more affordable. So there will be a greater inflow of funds into Tesla and may possibly drive Tesla 's share price up.
Tesla is certainly the current market leader in the EV arena and is actually profitable compared to many of its competitors. With its Giga Factories churning out more Tesla's EVs, Tesla is in a sweet spot where demand actually outstrips supply. Tesla is even able to raise its prices of its EVs too and still have willing buyers.
Tesla's success can be attributed to Elon Musk who built Tesla to what it is today. You either love Elon Musk or dislike him, but you simply can't ignore him. With Elon Musk at its helm, Tesla will continue to grow exponentially in the long term.
I am bullish on Tesla and believe that the share price split that happens today will catapult Tesla's share price to new heights.
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Thanks
Thanks for sharing@koolgal $Tesla Motors(TSLA)$
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