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    3-for-1 Tesla stock split

    Dear clients,

    Please be informed that the #TSLA trading asset parameters will change due to an Tesla stock split.

    Tesla's Board of directors approved a 3-for-1 #TSLA stock split. It will take place on 25 August 2022, after the US trading session’s closing.

    Accordingly, the price of #TSLA shares will reduce 3 times after the split.

    Please note that from now on and until this trading week's closure, you cannot open new trades in #TSLA. The placed pending orders will not be triggered in the "close-only" mode.

    The volume of open market positions will be increased 3 times at the split moment.

    The market entry price for open trades will be reduced 3 times at the split moment.

    Any Stop Loss/Take Profit on open positions will be removed at the split moment.

    Current open trades can be closed manually.

    All pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit, and Sell Stop Limit) will be removed at the split moment.

    The trading asset with updated parameters can be traded without any restrictions from 26 August 2022.

    Best regards,

    LiteFinance


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