$Tesla (TSLA.US)$ announced its stock split plan in March, the second stock-split move in less than two years.
In early August, the EV maker specified that a 3-for-1 stock split would take effect on Aug. 24.
What is a stock split？
A stock split means that a public firm splits a share into several shares.
You can think of it as slicing a pizza into smaller pieces.
Learn more in "What is a Stock Split"?
Let's look at Tesla in more detail....

S&P 500 index company earnings for the second quarter came out better than expected overall. Still, it's debatable whether overall results were actually good, given that year-over-year growth was subject to the strength of a single sector — energy.
With 479, or 95.2%, of $S&P 500 Index (.SPX.US)$ companies reporting results for the latest quarter as of last Friday morning, aggregate blended year-over-year EPS growth, which includes reported re...