Tesla announced plans to split shares at a 1:5 ratio, up nearly 7percent

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 Tesla announced plans to split shares at a 1:5 ratio, up nearly 7percent


Two years ago, Elon Musk, Teslas chief executive, said on social media that he was considering privatizing Tesla and had secured funding.. The news caught the attention of the securities and Exchange Commission, which later charged Mr. musk with securities fraud and eventually reached a settlement.

According to the settlement, Tesla agreed to add two independent directors, and musk resigned as chairman for three years.

Earlier, Apples board of directors also approved the companys stock split plan to make it easier for a wider range of investors to obtain shares. Apple announced that it would split its shares at a ratio of 1:4 and begin trading on the basis of the split adjustment from August 31, 2020. (small)

What does Lei Jun regret most? We havent made the best mobile phone Xiaomi 10 supreme commemorative edition experience: no Xiaolong 865 + but we have been working for the king of Jihuang for nearly 20 years. Zhang Xiaoyun retired and once served as CMO of consumer business. Source: Netease technology report editor in charge: Wang Fengzhi_ NT2541