How much is tesla stock selling for right now. Now it looks like elon musks electric car company is hoping it can find even more investors to gobble up its stock. 27 2020 at 929 a. The california based ev maker saw its stock take off this year like a spacex rocket passing 2000 a share just before the split.
If you bought tesla stock right after the ipo and held on youd be looking at an 1000 plus return today. Participants in the initial public offering got to buy the stock for 17 per share but on the open market the stock price jumped 40 to close at almost 24 per share. That was a huge difference.
As of market close on monday the electric car makers shares are up more than 250 year to date. Tesla nasdaqtsla is among 2020s hottest stocks. The day after tesla completed its 5 for 1 stock split the ev maker revealed it plans to sell as much as 5 billion of the newly divided shares to help offset future debt needs.
The call spreadbuying a call and selling another with a higher strike price but same expirationreplaced another trade recommended when teslas stock was at 99432. Mondays stock split is a meaningless exercise. Investors end up with more shares for the same amount of money.
As tesla prepares a 5 to 1 stock split its share price hovering near 2100 suggests an after split price around 420a scenario that would make for a large coincidence.
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