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Source global Wall Street Journal     time 2020-09-06 23:50:51
Typefacelarge in Small
Elon Musk's net worth has surpassed 0 billion for the first time, thanks to Tesla's surging share price that has risen more than 400 percent so far this year

Tesla to add sensor in vehicles that 'sees' a child left. Is Tesla stock ready to plummet? Major hedge fund dumps its.

Tesla's stock is currently priced at an exceedingly high 148 times expected earnings, according to Refinitiv, and that valuation will not be affected by the upcoming stock split.

However, with Robinhood and other brokerages increasingly letting customers by fractions of individual shares, the benefit of stock splits has become less obvious, making Tesla's rally following the announcement of its stock split surprising to some professional investors.


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