On August 11, 2020 TSLA announced a 5:1 stock split. At that time it was trading at a split adjusted $275. When that split was effective, August 31, 2020, the shares were trading at about $500. By Jan, 2021, TSLA had reached $900, corrected to $540 into March, than ran up to $1,243 in November, 2021. Today, TSLA announced it wants to split again: Tesla wants to split its stock so it can pay a stock dividend; shares gain If the shares take the same path as they did in August, 2020, expectation would for the share price to be up about 300% in about 18 months, or at about $4,000 late in calendar year 2023. That's a lot of, "expectation," and "if," but such is the nature of our business. The future doesn't have to be exact, it just has to rhyme. There are now Jun 21, 2024 TSLA options available. The furthest out-of-the-money LEAPS are at a strike price of $2,000, priced at about $20K. If TSLA shares are priced at $4,000 (pre-split) by expiration, each one of these LEAPS will be worth approximately $200K, i.e., a 10-fold return. Save The Date Jun 21, 2024 Allan's Retirement Party Time & Location: To Be Determined
