Clean power
Published on 11 August 2020 |
by press release
11 August 2020 due to Press release
Palo Alto, California, August 11, 2020 – Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved a five-for-one split of Tesla’s common stock and declared in the form of a dividend shareholder share more accessible to employees and investors. Each shareholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then held share, which will be distributed after closing of trading on August 28, 2020. Trading will begin on a split-adjusted basis on 31 August 2020.
Report ahead
Certain statements, including, without limitation, statements regarding the expected timing and impact of the share dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Several key factors could cause actual results to differ materially, including the risks identified in our applications to the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla denies any obligation to this update information.
Source: Tesla, Inc.
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Press Release press releases about cleantech products, cleantech companies, or other cleantech news.
