The price will be dividend by 5, the shares multiplied by 5, the average price will be adjusted by the same factor.
price: 2000 → 400
shares: 0.25 → 1.25
imaginary paid price: 1990 → 398
0.25 shares in theory will be sold per $400, what means that you will have the same return as pre-split.
of course the market fluctuation is not applied here and the sold price can be up/down at the transaction moment.
Ahh right okay…makes sense to me now.
Thank you all very much!
Actually, at the current price of around $2,245, won’t it be worth $0.0087555/£0.00663295454…, so basically nothing? If he’s lucky, it might be rounded up to 1p!
I said 3p yesterday, which was incorrect because I used the pre-split price instead of the post-split price in my calculation. Duh!
The calculation can be done either of these ways:
Pre-Split - 0.0000039 x $2245 = $0.0087555/£0.00663295454…
Post-Split - 0.0000195 x $449 = $0.0087555/£0.00663295454…
@Martin, I really appreciate you trying to answer my question. However, I’m a bit OCD about these things and when you say “doesn’t really matter”, I immediately think “there are some details here that are being glossed over”.
So, do you really mean “The record date is completely irrelevant” or will it have some impact (no matter how small) on Trading 212 and/or investors? If the latter, please share so I can sleep at night!
I know that you’ve got an increased understanding since you posted this. I think you now appreciate that although the share price will definitely drop on Monday (it’ll be divided by 5) each share will represent one-fifth of the portion of the company that it did before, so nothing has changed.
However, because the share price will be cheaper (about $449, based on the current price of $2245), Tesla are hoping that investors who don’t have access to fractional shares and/or who want voting rights, but can’t afford to pay the pre-split price for a whole share will now be able to buy shares. If, as I’m hoping, a lot of these investors buy on Monday then the post-split price could quickly increase. Of course, the flipside is that a lot of people could be waiting for the absolute peak price (either pre or post-split) in order to take profits. This could drive the price down.
If you think the post-split price will go up next week then you should buy more this week, otherwise you should wait until next week.
What does everybody else think will happen?
a question will the average price paid change in accordance with the stock split for certain?
Hi Richard, i’m getting baffled again as i keep reading people stating they will be gaining a share out of their fraction of a share.
My understanding which T212 staff confirmed several times is that NO fractional shares qualify for the split?
However i keep reading those with 0.2, 0.4 believe they are getting 1 - 2 shares.
Apologies in advance if this is a Pie thing 
That’s the official word so far
Thank you @PorterOldSlug i didn’t understand that reply link including viewing the table, however staff did state before that said post: No fractional shares will receive a whole share.
Reading some peoples reply, they believe they will receive a share from their fraction, so if this is the case, is this because they are within the Pie?
From what I’m understanding. They multiply your holding by the split number, any integer you keep, any fraction is cashed out
Why does this topic have 4 times more posts than the equivalent Apple topic?
Because every millennial has piled onto Tesla
Hummm people in the forum were disappointed because the split wasn’t being carried out in that way (ie: 1.5 Tesla post split would equal 7 Tesla shares with 0.1 being sold).
@Supraman my belief why Tesla is receiving much more attention, is Tesla has risen more in value, in comparison to apple… also i’d rather sell my fraction if not eligible for stocks
No, the original information from Trading 212 was incorrect. It has nothing to do with pies. I still think this summarises it:
@Supraman my brain isn’t working… so if 1.5 shares, .5 is being sold?
That’s my understanding
We were originally told that 1.5 shares would become 5 shares with the pre-split 0.5 shares being sold.
We have now been told that 1.5 shares will become 7 shares with the post-split 0.5 shares being sold, which is equivalent to pre-split 0.1 shares being sold.
ok brain is working, my understanding is correct, i need to stop coming back to this Tesla post lol
OMG that is great news, i didn’t know we’d get any shares out of the .5… i think they need to make a separate post to this as its been contradicting to say the least, and if it wasn’t for your reply to me i would have sold my .5 and just kept whole shares.
or a 
for you 
