I believe you will keep existing shares, but the split shares you will receive in cash, thus if you have 0.1 TSLA , after split share you should have 0.1 in stock and 0.4 in cash , 20% would value would remain in stock and 80% cash.
So in case TSLA at split day is worth 1500$, which would mean tsla share price is 300$. you would have 0.1 at 300$ in stock, while 0.4 at 300$ cash
While if you had 1.1 share you would get 5 shares for 1 , plus 0.1 fraction and get 0.4 worth cash.
Fractional can’t be split. 0.2 would just be sold as cash. If you have 1.2 then 1 would be kept and split and 0.2 would be sold. That is my understanding reading the apple split thread.
Yeah, my understanding is that mine will all be sold as they’re fractional shares only. Was just wondering how that works with Tesla being in my pie.
I understand that split shares would be sent as “dividend” so you existing share doesn’t split, you just receive extra shares based on ownership.
Tesla, Inc. (TSLA) (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020.
I guess it doesn’t clarify fractionals. 
Oh I see. Maybe this split is different than the apple split. Or not. I assume T212 has done stock splits before?
It’s 100% the same…
Pretty sure that hundreds of people are wondering the same 
Apple split is " Apple said that on August 24, investors would receive three additional shares for every one share they owned"
Tesla split it seems is giving a dividend instead of stocks
So I don’t think they are the same. T212 might treat them the same however to make their life as easy as possible
Regardless of whether the mechanics are the same, T212 really need to find a better solution for stock splits of fractional shares than cashing them out - buying back in means two lots of additional forex spreads (even if t212 make no money on the forex there is still a difference between buy/sell).
I’d assume Tesla will remain in the pie with its allocation but all the cash will be removed from it. Now whether that cash remains in the pie or not is the bigger question and I guess we’re gonna lose our average cost too
And if it was a LSE stock then stamp duty would be taxed again
So does anyone know what would happen to positions in CFD?
ah ok, I only own full shares 10 to be exact, so this will be turned to 50 automatically?
spin-offs are also a problem for now.
Correct
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Any non-US investors here? This may be a silly question, but as the stock split mechanism is by providing a ‘dividend’ of 4 shares, per 1 share currently held, can the 4 new stocks provided be taxed automatically by trading 212? As a UK investor, slightly concerned about as withholding taxes or other charges which may apply. Or does this only apply to cash dividends? Cheers
Hello, I was wondering does my share still split if it is ÷ between manual investment and my pots?
Good question and I was thinking the same thing myself. Especially since I hold tesla outside my ISA (UK) maybe stock split dividends are not taxed like a normal dividend? Who knows?
Why are you asking about dividends?
Can you maybe share a link to the explanation?
As far as I understand it is a normal split, no dividends involved.