Dear Trader,
Please be informed that Tesla (TSLA.NAS) has scheduled a 03-for-1 stock split for the 25th of August 2022.
This means that the common stock of TSLA.NAS will be trading at the split-adjusted price from market open time on the 25th of August onwards.
In essence, the number of shares will be multiplied by 03; whereas the price per stock will be divided by 03.
For example; In regards to client trades, if a client has bought 1 share at the price of 3,000 USD, they will now have 03 shares priced at 1000 USD each after the split.
Please do not hesitate to reach out to our customer support team with any questions or concerns you may have.
Kind Regards,
IC Markets Team
