How the Tesla 5 to 1 stock split works.
In: Economics
For an ELI5 explanation, imagine you have a $5 bill, and you swap it for five $1 bills. Now you have more pieces of paper, but each is worth less.
The amount of candy that either can buy the next day or a year later will vary from today. But at the instant of the swap, they can each buy the same amount of candy.
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