#tesla

A stock split changes the number of shares and the price per share while leaving the total value of your position untouched. So why do companies bother? The honest answer is signaling, accessibility, and a little bit of psychology.

Jim Farley has been daily-driving a $32,000 Chinese EV from a phone company for a year and a half. Everyone focused on his jab at Tesla. The interesting part is that he had all of China to pick from, and he didn't pick a BYD.