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8/18, 4:17 PM (Source: TeleTrader)
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Tesla reaches another all-time high ahead of stock split

Tesla, Inc.'s shares reached a new record high of $1,923.9 on Tuesday ahead of the five-for-one split of the company's common stock in the form of a stock dividend that is set to take place on August 31.

Tesla's stocks advanced by $127 on a daily basis as the company's shares previously attained another all-time high of $1,796.9 on Monday.

The electric car maker added 1.70% at 10:12 am, trading at $1,866.96 per share.

Breaking the News / GA