Tesla (NASDAQ:TSLA) stock is in a bit of a tailspin recently. Since topping $1,200 per share last fall, Tesla shares have fallen to the mid-$600 range per share today. Despite that recent decline, however, the stock has still rallied tremendously over a longer term horizon.
As a result, Tesla’s management announced a forthcoming three-for-one stock split on Friday. Will this upcoming stock split be enough to get Tesla stock moving forward again?
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