$Tesla (TSLA.US)$ 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....