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https://www.barrons.com/articles/teslas-stock-will-split-on-aug-24-51660343102

Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders will get a “dividend” of two extra shares. The next day, Tesla stock will start trading at the new price—a third of what it used to be.

That may amount to little more than cutting the pizza into more slices, but individual investors often chow down on bite-sized pie. One study found that stocks announcing splits typically beat the market by 16 percentage points over the next 12 months.

Tesla has given investors something to look forward to this coming week: a three-for-one stock split.

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