Upcoming Apple (AAPL) stock split could actually encourage Tesla’s top management to make the shares available for budget-oriented investors. Expensive stocks are always affordable for hedge funds or giant corporations but ordinary people are just staying away by searching for the penny but effective stocks.
Tesla stock split slowly makes the shareholder richer by multiplying one share into five. The future rise of the stock price may directly affect the margin better than before. In this case, big automakers and investment companies may think of buying Tesla shares before August 31. As demand for the stock gets higher the price will soar significantly to $2000 or more.
Tesla stock may cost around $400 after the split. Hence, many long term investors will get as many TSLA shares as they afford.
Finance and Entertainment Reporter
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