By: April Carson
Shares of Tesla (TSLA) have been on the rise in recent months, increasing by nearly 42% since October and hitting an all-time high at $1,243.49 earlier this month.
The electric car company has shown no signs that it will be slowing down anytime soon as they continue towards their goal to revolutionize how people approach commuting within cities around our world!
Tesla's stock price is now around $1,100. This has fueled speculation that the company will split their stocks again to make them more accessible for ordinary investors and individuals who want a piece of this exciting new market opportunity!
On August 11, 2020 the company's last and only stock split (5-1) was announced by CEO Elon Musk.
He had hinted about it previously but after being made evident in hindsight there are reasons to believe he anticipated this event beforehand because of recent events that have transpired within his companies ventures including Tesla Motors Inc., SolarCity Corporation & SpaceX where all three entities saw major setbacks leaving them without funds necessary for operation which led him moving forward with new strategies even before they could be put into practice!
Tesla fans have once again been scouring Musk's tweets for hints of a forthcoming stock split, following the carmaker's recent highs.
With share prices reaching new heights due in part to investor anticipation fueled by his social media posts about them being close on "several outstanding deals" that would be announced soon--and then not quite delivering as promised when it actually came time ten days later-fans are turning sour faster than ever before!
Gizmodo found Musk's latest tweet to be particularly useful, in which the CEO said he would like Tesla to align its stock price with his neural interface project.
And while it isn't exactly clear what Musk was referring to here, many shareholders seem convinced that he will soon announce another stock split.
It's beginning to look like Musk may have been dropping clues about a possible stock split for over two months now. On December 9th, 2021 he will release new shares that are 5-to 1 meaning any investor could buy $50 worth of the original share and still only pay 40 cents!
The latest notion is @adamhoov on Twitter claims it all began there hinting this might happen soon enough with some intricate hints which originated from him so we'll see what happens with Musk on Twitter this weekend!
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About the Blogger:
April Carson is the daughter of Billy Carson. She received her bachelor's degree in Social Sciences from Jacksonville University, where she was also on the Women's Basketball team. She now has a successful clothing company that specializes in organic baby clothes and other items. Take a look at their most popular fall fashions on bossbabymav.com
To read more of April's blogs, check out her website! She publishes new blogs on a daily basis, including the most helpful mommy advice and baby care tips! Follow on IG @bossbabymav
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