NEW YORK: Tesla Inc added about $84 billion to its stock-market value on Monday, more than Ford Motor Co's entire market capitalization, after the electric-vehicle maker said it is planning a second stock split in about two years.
Stocks splits for large companies have returned to the spotlight recently with Amazon.com Inc saying earlier this month that it will do a 20-for-1 stock split, followed by Alphabet Inc's own plan announced in February, as these companies try to make their lofty stocks more attractive for individual investors.
