Big Law
Tesla Requests Its Second Stock Split in Less Than 2 Years
Shares of Tesla rose sharply Monday after the electric car maker announced its second stock split in less than two years.
The company said in a regulatory filing, and also in a tweet, that it plans to make a request at its upcoming annual shareholders meeting to increase its number of authorized shares so that it can split the stock in the form of a dividend.
Shares jumped more than 6% before the market opened.
