“It’s never too late to retire early”
Will Tesla do another stock split next year?
This year has been good for Tesla shareholders. The electric auto maker’s stock price started the year at $418 per share, and on December 7, it fetched more than $625 per share. That would be pretty impressive even if it weren’t for the 5-for-1 stock split that Tesla did at the end of August. The stock split gave Tesla’s stock roughly 650% gain year-to-date.
2020’s stock split came as a surprise for some Tesla shareholders. Tesla has now shown that it can pull the trigger and split its shares when it is right. Some investors wonder if the company won’t do it again in the near future, especially if there’s an incentive to do so.
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It’s never too late to start saving,
Gordon Fox
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