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Tesla announced its stock split on Aug. 11, 2020, promising to give owners of Tesla stock five new shares for each share of the company

Tesla announced its stock split on Aug. 11, 2020, promising to give owners of Tesla stock five new shares for each share of the company they already owned. From the day the stock split was announced, to the day it actually happened, Tesla shares gained $223 in price -- an 81% return in 20 days! Did Tesla stock increase so much for a good reason? Why or why not?

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