Have you heard the news? Tesla is doing a 5-to-1 split.
Good ol’ Elon Musk made this announcement earlier this month, no doubt hoping that it would help bring Tesla’s overall price point down… and possibly becoming more attainable for the smaller investor.
I can’t begin to describe how our inbox has been flooded this week with the same question: Is everyone about to lose thousands?
Well, if you’re a long-term investor, I think this could actually be a very good thing.
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