By Kathryn HardisonTesla Inc.'s board of direction has approved a three-for-one stock split, which the company says will make stock ownership more accessible to employees and investors. The electric vehicle company said Friday that each stockholder of record on Aug. 17 will receive a dividend of two additional shares of common stock after close of trading on Aug. 24.

Source: Wall Street Journal August 06, 2022 03:21 UTC