Tesla added about $84 billion to its market value, more than Ford Motor’s full market value, after the company said it plans a second stock split in about two years.
وتعتبر Tesla is the biggest gainer in the NYSE FANG+ this year.
Shares closed 8% higher, at $1,091.84 at their last close, the highest since Jan. 12.
The last time Tesla divided its shares was in August 2020.
Its share price is up 743% that year.
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