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Benzinga
Benzinga
Business
Wayne Duggan

Why Tesla's Stock Split Is Really About 'Memes, Dreams And Themes'

Tesla Inc. Nicholas Colas Nasdaq Elon Musk NYSE

Earlier this week, a new filing by Tesla Inc (NASDAQ:TSLA) revealed the company is planning another stock split later this year, according to Benzinga Pro.

In DataTrek Research's daily newsletter this week, Nicholas Colas said stock splits shouldn't create any value for a company like Tesla. However, he said the case for proceeding with a split anyway comes down to "memes, dreams and themes."

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