Tesla to the Moon after stock split!

On 25 Aug 2022, shareholders who had held on $Tesla(TSLA.US)$ shares on 17 Aug 2022 and did not sell them, will be entitled to 2 extra TSLA shares for each share they hold. This will also mean that the stock price will be divided by 3 to reflect the 3-in-1 stock split.

Although the 3-for-1 stock split does not look much a better deal than $Amazon(AMZN.US)$ 20-for-1 stock split (6 Jun 2022) and $Alphabet-C(GOOG.US)$ 20-for-1 stock split (15 Jul 2022), it still makes TSLA stock affordable to retail investors, even it would be much better if TSLA had done a 20-for-1 stock split.

TSLA shares may continue to go higher, probably another 70% like the 5-for-1 stock split two years ago, as its price of FSD (Full Self-Driving) and production across all its factories goes higher, even thou it's PE is currently at 107.38 (as of 24 Aug 2022).

Do you think that TSLA stock price will reach USD 1,000 by the end of 2022?

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