Tesla stock rally; 3-for-1 stock split to happen

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Tesla stock rally; 3-for-1 stock split to happen

Tesla’s stock has been witnessing a volatile upsurge since the month of May, due to various different reasons and now the company is going ahead with a 3-for-1 stock split as well. Stock Split happens when a company increases the number of shares without changing its market cap. As the quantity of shares increases, the cost per share goes down. This will be the second share-split in less than two years for the Texas based company. 

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