Stock split fizzles out – what that means for investors

Cologne Elon Musk is considered a master of storytelling. Hardly any other company boss understands it better than the head of the electric car manufacturer Tesla to trigger discussions with tweets or just to provoke them. Last Friday, Tesla’s board of directors decided on a stock split. If the AGM approves this proposal, Tesla will exchange shares at a ratio of one for three.

So if you have one share in your portfolio, you would automatically get two more. It would be Tesla’s second stock split in two years.

“In general – and that will also be Elon Musk’s intention here – the attractiveness of the company increases, especially for small investors due to the visually lower price,” says Marc Decker, Deputy Head of Shares at Quintet Private Bank, the parent company of Merck Finck.