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Read the announcement by Tesla (NASDAQ: TSLA) below: Tesla Announces a Five-for-One Stock Split GLOBE NEWSWIRE, Aug 11, 2020 PALO ALTO, Calif., Aug. 11, 2020
Read the announcement by Tesla (NASDAQ: TSLA) below: Tesla Announces a Five-for-One Stock Split GLOBE NEWSWIRE, Aug 11, 2020 PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. announced today that the Board of Directors has approved and declared a five-for-one split of Tesla's common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020. Which of the following statements is NOT correct? Compared to Friday 28th August 2020, on Monday 31st August 2020 Tesla's: Select one: 0 a. Number of stock should increase by 400%. O b. Share price should fall by 80% compared to the trading day before. O c. Market capitalisation of equity should remain the same. O d. Market capitalisation of assets should remain the same. O e. Earnings per share should remain the same
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