Published on 11 August 2020 |
According to the Press Release
August 11, 2020 by Press Release
Palo Alto, California, August 11, 2020 – Tesla, Inc. (“Tesla”) today announced that the Board of Directors has approved and announced a 5-to-1 share of common Tesla shares in the form of a stock dividend. Stock ownership is more accessible to employees and investors. Each shareholder recorded on August 21, 2020 will receive a dividend of four additional common shares for each subsequent holding, to be distributed after the close of the trade on the date. August 28, 2020. Trading will commence on a stock split adjustment basis on August 31, 2020.
Certain statements, including, but not limited to, statements about the time and expected impact of stock dividends are risky and uncertain “statements of the future”. . These forward-looking statements are based on management’s current expectations. Different important factors can materially differ the actual results, including the risks identified in our profile with the Securities and Exchange Commission, including the Quarterly Report. Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information.
Source: Tesla, Inc.
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