Tesla shares will begin trading on a split-adjusted basis on Thursday.
Shareholders voted to approve the 3-for-1 Tesla stock split at the company's annual meeting in early August. When Tesla first proposed the new stock split, it said the move was primarily intended to help the company"offer every employee the option of receiving equity," and give employees flexibility in managing the stock they earned.'s electric vehicle company will get two additional Tesla shares after the market close on Wednesday. And they will begin trading on a split-adjusted basis Thursday.shares were up about 1.
Shareholders voted to approve the 3-for-1 Tesla stock split at the company's annual meeting on Aug. 4 in Austin, Texas.
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