Tesla stock split

https://www.investopedia.com/terms/m/marketcapitalization.asp

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If you’d had 0.2 shares or more, you would still have had at least 1 Tesla share.

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It’s the same thing. How do you know what a share is worth unless you know what the whole thing is worth? Share value and market cap are the same thing.

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You know what a share is worth from the order book. As far as I know, that’s the only thing that determines the share price.

I got exactly the amount I should get, but in my history it says 7.8$ withdrawal ( converting to USD from PLN ) with the title “TESLA split”, and other than that I have 420$ Account Ballance

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Everything looks okay with the Apple, Tesla EQ splits.

Please, keep in mind that the cash in transactions that appears as a deposit is the trading result (profit/loss) of the closed position. The initial investment to open the position does not appear as a deposit but just gets unlocked as free funds & doesn’t show elsewhere. We understand that makes the cash flow a bit hard to track as not everybody remembers their total funds before the split, so we’ll make it more intuitive for future stock splits.

As for Tesla CFD, there were a few positions with small quantities that didn’t get adjusted/closed correctly but we’ll have that solved very soon.

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But that doesn’t tell you how much of the cake you are buying.

Edit: I don’t want to spam this thread anymore so I’ll leave this here.

Market cap = Numberof shares * Share price

= Means the same as. Equal, being the same.

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All good here. Glad to know that the only thing sold was the 0.0x part of the stock and not the 0.x part of it.

For future i suggest having it recorded more accurately on the platform, like how much I had, what happened, and how much i have now. Im sure you will figure it out

Thanks!

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The only thing that tells you that is the number of shares. If there are 100 shares then each share represents one-hundredth of the company, regardless of their price.

In the case of Tesla, you said that there were 186 million shares before the split and 931 million shares after the split (although 186 million x 5 = 930 million so these are rough figures).

Therefore, before the split each share was worth a 186 millionth of the company and after the split each share is worth a 930 millionth of the company. The price is completely irrelevant.

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That isn’t accurate. For example, 0.1 pre-split shares would’ve been sold.

I had all of my AAPL stock in a pie. Can see the number of shares increase, and the fractional part was sold off with the funds appearing in the pie.

My question is will the cash be auto-invested in the pie (as i have that option turned on)? I would prefer to instead use it to re-buy fractional shares in AAPL again.

4 x 3 = 12

12 is the result. You can’t just change the result to 13 without changing the 4 or the 3 to something else.

In the case of Tesla’s market capitalisation, you get:

Pre-Split - 186.36 million shares x $2210 = $411.8556 billion (approximately)
Post-Split - 931.8 million shares x $442 = $411.8556 billion (approximately)

You can’t change that figure of 411.8556 billion without changing either the number of shares or the price. For the purposes of this discussion, the number of shares is a constant and the share price is determined by the order book only.

Thats what i got though. And I’m happy with it. Only the 0.0x part was sold

Afternoon all! Been reading through the thread pre and post split and I couldn’t find a definitive answer.

I had approx. 0.06 (around £100 end of trading) of a share so I assumed it would be x5 during split, and due to Trading212s approach, be sold and placed in my account as deposited funds. It appears I only have the 0.06 worth of share price as available funds.

Is that correct? So I’ve effectively had no benefit from the split and just had my fractional share sold on my behalf (due to broker approach)?

Thanks @David.

What’s happening with the share price feed? In INVEST & ISA, the pre-split prices are still being shown.

However, in CFD, Apple is showing the post-split price, but Tesla is still showing the pre-split price.

Can you confirm the pre and post-split buy & sell prices for both Apple and Tesla and the exchange rate that was used to calculate the sale proceeds?

Nobody got any “benefit” from the split. In your case:

Pre-Split - 0.06 x $2,210.59 = $132.6354 as shares
Post-Split - 0.3 x $442.118 = $132.6354 as cash

Assuming an exchange rate of 1.3352, that is £99.33747753145596.

If share price is determined by the order book, then why did the price change last night?

Absolutely, all of these are true:

Number of Shares * Share Price = Market Capitalisation
Market Capitalisation = Number of Shares * Share Price
Share Price = Market Capitalisation / Number of Shares
Number of Shares = Market Capitalisation / Share Price

But what you said was:

That is how you calculate the Share Price if you know the Market Capitalisation and the Number of Shares. It is not how a share derives its value/price.

You can’t change the Share Price by changing the Market Capitalisation any more than you can change the Number of Shares.

The Market Capitalisation is the result of a calculation. It isn’t an independent value that can be manipulated directly.

Do you mean when it was divided by 5?

Number of shares changes all the time. It’s called buybacks and splits, reverse splits etc…

Employee stock options also