Tesla announced a stock split

Tesla announced a stock split

Tesla likes to bring surprises to its investors and today is one of these days. The famous automaker posted an announcement on its website that the Board of Directors has approved a five-for-one split of Tesla’s common stock to make its ownership accessible to more people. The trading with changes in price will start

What is a stock split?

The stock split is a situation when a company increases the number of shares. In the case of Tesla, an investor who holds one stock will receive an additional four. This operation does not result in a change in the total market capitalization of a company. In the short term, it results in a spike of a price.

Key levels for TESLA

The price of Tesla stock was moving down for the last couple of days. Yesterday, it tested the support at $1 365. Due to the news on the stock split, the price of a stock may form a gap up after the opening of the US market at 16:30 MT time to the $1 500 resistance level. The next resistance will be placed at   $1 560. On the downside, bears will be waiting for the breakout of $1 365 in order to reach $1 250 (50-day SMA).


What should you do for trading Tesla’s stock?

Trading stocks with FBS is easy. Follow the simple steps described below.

  1. First of all, be sure you’ve downloaded MetaTrader 5. FBS allows you to trade stocks only through this software.
  2. Open the MT5 account in your personal area.
  3. Reveal all trading instruments by clicking “show all” at the “Market Watch” window.
  4. Start trading!


Latest news

The USD Awaits Key Jobs Data
The USD Awaits Key Jobs Data

The United States will publish the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT (GMT+3) time on August 6.

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera