Here's Why Tesla and Apple's Stock Splits Don't Matter
If you pay attention to any financial news at all, you've probably seen all the discussion lately about both Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) planning stock splits in the near future. Apple is splitting its stock 4-for-1, while Tesla is doing a 5-for-1 split. When a stock splits, investors get multiple shares for each share they own, and the share price is reduced because more shares are now outstanding.