Musk “multiplies” Tesla shares again, Wall Street applauds the miracle

The key points

• Nel trillion-dollars club
• The fractionation scheme
• A habit for Big Tech

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The second time in just two years. Tesla is again struggling with a stock split, after the one closed in August 2020. This was announced by the same company with a Tweet, in which it announced that it will ask shareholders to vote, during the next annual meeting, on this further share split . Subsequently, the confirmation also came from a document of the SEC, in which it is specified that the electric car manufacturer will ask for «an increase in the number of ordinary shares …

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