Tesla shareholders to vote on second stock split in two years

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City AM

By Ilaria Grasso Macola Tesla shareholders are expected to vote on Thursday whether to green-light the company’s latest stock split – the second in two years. “We believe the stock split would help reset the market price of our common stock so that our employees will have more flexibility in managing their equity, all of which, in our view, may help maximise stockholder value,” Tesla said in its annual proxy statement. “In addition, as retail investors have expressed a high level of interest in investing in our stock, we believe the stock split will make our common stock more accessible to our…

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