Tesla announces a 5 for 1 stock split

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<a href="https://admiralmarkets.com/analytics/traders-blog/tesla-stock-split"><img data-resize="auto" data-resize="auto" data-resize="auto" style="width:auto;" data-src="https://fxmedia.s3.amazonaws.com/articles/remote/a34acaed967869b042f01501a8974edc.jpeg" rel="" alt="Tesla announces a 5 for 1 stock split"></a>
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Electric vehicle maker Tesla announced a five for one stock split which will go into effect on 31 August. While the stock split does not change anything fundamental about the stock, its shares were up more than 6% in the post-market trading session.
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Did you know you can speculate on the price of Tesla shares using Contracts for Difference (CFDs)? This allows you to potentially profit from both rising and falling markets. Get started with a <a href="https://admiralmarkets.com/start-trading/forex-demo">free demo trading account</a> today!
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The stock split does mean that more smaller investors may be able to afford the stock after 31 August. While Tesla's shareholders consist primarily of larger institutions, the recent stock market rally higher has involved a higher amount of smaller investors who opened accounts during the lockdown period.
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Tesla's share price has been on a meteoric rise higher and has already tripled this year. In its most recent earnings reported Tesla reported its fourth straight quarter of profits, making it eligible to join the S&amp;P 500. This means the stock may become more attractive to large mutual funds who track the stocks within the S&amp;P 500 index.
</p><h2>How to trade Tesla shares with Admiral Markets UK Ltd</h2><p>
If you are feeling bullish or bearish on Tesla's share price you can speculate on its price direction using CFDs. To get started, follow these five simple steps:
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<li>Log in to your existing Admiral Markets trading account, or open a <a href="https://admiralmarkets.com/signup">live</a> or <a href="https://admiralmarkets.com/start-trading/forex-demo">demo trading account</a> in just a few minutes. </li>
<li>Click Trade on your chosen account which will direct you to the Admiral Markets MetaTrader Web Platform. </li>
<li>Type in Tesla at the bottom of the Market Watch search box and then drag the symbol onto the chart. </li>
<li>Use the one-click trading feature on the chart or right-click on select Trading -&gt; New Order. </li>
<li>Choose your entry, stop loss and target levels and position size (volume) and then confirm the trade.</li>
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<img data-resize="auto" src="https://fxmedia.s3.amazonaws.com/articles/remote/53ceca3a34cf631c70f7f945ff0109b9.png" />
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<em>Source: Admiral Markets MetaTrader 5 Web, #TSLA, Weekly – Data range: December 22, 2013 to August 22, 2020. Please note: Past performance is not a reliable indicator of future results. </em>
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Did you know that you can open a free demo trading account so you can test your trade ideas and theories regarding the price direction of thousands of different stocks and shares and other asset classes in a virtual trading environment? Open your free account today by clicking on the banner below:</p><p><a href="https://admiralmarkets.com/start-trading/forex-demo"><img data-resize="auto" src="https://fxmedia.s3.amazonaws.com/articles/Demo_Account_CTA-17.png" alt="Trade With A FREE Demo Trading Account" rel="" /></a></p><p><em><strong data-redactor-tag="strong">INFORMATION ABOUT ANALYTICAL MATERIALS</strong>:</em></p><p><em>The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter "Analysis") published on the website of Admiral Markets. Before making any investment decisions please pay close attention to the following:</em></p><p><em>1.This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research.</em></p><p><em>2.Any investment decision is made by each client alone whereas Admiral Markets UK Ltd (Admiral Markets) shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content.</em></p><p><em>3.With view to protecting the interests of our clients and the objectivity of the Analysis, Admiral Markets has established relevant internal procedures for prevention and management of conflicts of interest.</em></p><p><em>4.The Analysis is prepared by an independent analyst Jitan Solanki, Freelance Contributor (hereinafter "Author") based on personal estimations.</em></p><p><em>5.Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admiral Markets does not guarantee the accuracy or completeness of any information contained within the Analysis.</em></p><p><em>6.Any kind of past or modeled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admiral Markets for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.</em></p><p><em>7.Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the</em><a href="https://admiralmarkets.com/risk-disclosure"><em> risks involved</em></a><em>.</em><br></p>