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Tesla (NASDAQ: TSLA) stock rose by 70% during 2024, catapulting the company to a market capitalization of more than $1 trillion. Tesla CEO Elon Musk put his cash and influence behind the Trump ...
As of this writing, Tesla shares are priced at over $450 a share, making them ripe for a potential stock split in 2025. Tesla's most recent stock split was a 3-for-1 split carried out in 2022.
Tesla has done a stock split twice before, on Aug. 31, 2020, and two years later on Aug. 25, 2022. A stock split would not change the company's market value, instead, it would make the stock more ...
With Tesla already trading at a market cap of $1.5 trillion and a P/E ratio of 200, the stock seems more likely to underperform than not next year, despite the current investor enthusiasm.
For example, in a 5-for-1 split, there will be five times as many shares following the split. As a result, the share price of the stock in question decreases by that same multiple.
The average 12-month stock price prediction for Tesla is $215.52, which slightly higher than its current price. Analysts don't agree on whether Tesla stock will go up or down in the short term ...
But Tesla ultimately made it through that dark time, and Wood’s seemingly wild prediction came true, with Tesla shares hitting the split-adjusted $4,000 equivalent in January 2021.
The Tesla robotaxi event failed to impress investors. Tesla (NASDAQ: TSLA) is one of the most polarizing stocks in the market today. *Stock prices used were the afternoon prices of Oct. 8, 2024 ...