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Benzinga
Benzinga
Business
Shanthi Rexaline

Tesla Mulls Stock Split: Why This Analyst Says It's A Smart Strategic Move

Tesla, Inc. (NASDAQ:TSLA) announced in an 8-K filing Monday it will seek shareholder approval for increasing its authorized share capital to allow a stock split in the form of a stock dividend.

Tesla's board has vetted the proposal and shareholders will vote on it at the company's 2022 annual meeting.

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