The company's stock has doubled since the last split, but TSLA is down for the year so far.
This split would come in the form of a dividend, which would pay shareholders additional shares.
Tesla's stock (TSLA) surged 3% after the stock split today — making the company now worth over $430 billion.
Shares of Tesla Inc.
Two of the most valuable and popular companies – Apple and Tesla – split their stocks on Monday.