 This is smart. What's up, money geeks, Mr. V here. Welcome to another video, guys. So in today's video, I want us to take a look at Tesla. Tesla just recently announced that they were gonna do a five for one split. So we're gonna take a look at what's going on here, what that means for you, and the impact of this split to us as investors. But before we get started, guys, if you're new to the channel, we'll talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit the subscribe button and your notification bell so you don't miss out on new content. So Tesla actually just put out these news yesterday, August 11th, announces their five for one split. So we're just gonna read here. This is the actual release, a press release from Tesla. So it reads, so Tesla announced today that the board of directors has approved and declared a five for one split of Tesla Common Stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stock holder of record on August 21st, what I want you to do is make that date. August 21st 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 28th, make that date right there. That's important. Trading will begin on a stock split adjusted basis on August 31st, so make that date right there. So this is great news for people that were looking to get into Tesla. You're probably asking yourself like, hey, so what does this mean? If you see here that mentioned two key things in this, they want to make the stock accessible to employees and investors. So breaking down the price of Tesla, definitely, what that does is it's gonna definitely bring in more investors into the company. And more people that are invested in the company simply means that there's gonna be a lot of people talking about this company and hopefully maybe introducing Tesla to their family members, co-workers and friends and potentially translating into buying customers. People wanting to buy Tesla products or know their cars or maybe buying like the Tesla solar shingles that you see right now coming out. So this is, I mean, absolutely a great thing for most people. So if you, one of those people that was sat out there and were complaining or really mad that you missed out on the Tesla boat, this is a great opportunity for you to really jump into Tesla. And my personal thing here is I had already speculated that Tesla was gonna be a $3,000 stock by the end of December. That goes, you know, without speculation. So now they're doing the split means, I mean, there's no way this stock can get back to 1500 by end of the year. But is there still a ton of room for Tesla to grow? Definitely. Tesla has not even just, you know, made its pick yet. I actually did a video where I talked about Tesla and the different businesses that Tesla has that people don't really even talk about. So if you think about it, so if you go to Tesla and you look at the solar roof here, this is a huge part of the business that a lot of people still don't really understand or haven't even gotten into. This is just picking up. So by the time they get to the point where the solar roofs are really mainstream, you know, your shingles become your solar panels, this is gonna be huge. To me, like this is a huge opportunity for people that missed out on Tesla to really jump in and maybe pick some shares of Tesla to enjoy this growth that Tesla has been given. So again, the pros of this split, which is what we just recently heard Apple was gonna do one. And now Tesla is also doing another one here. So the pros of this split, again, is to kind of bring in, if you see here, could mean smaller investors. So if you were looking at buying Tesla and it was $1,500 a share, I mean, not a whole lot of people have $1,500 to go out and go buy one share of Tesla when there's other options where you can buy more shares and potentially get more growth. But now that this stock has split, I see more people would be excited to wanna come in. Even though, again, like I mentioned in my Apple video, with fractional shares, this problem would have been solved because people can buy fractional shares of any company no matter how expensive that is. But the only issue with you buying fractional shares is that as a shareholder, you don't have voting rights because you don't have a full share of the company. So as a matter of fact, as a fractional shareholder, Tesla doesn't even recognize you as a shareholder because they only recognize people that own full shares of their company. So I mean, there is the pros there that they're bringing in new investors and everything, but some people argue that fractional shares would have solved the problem so they didn't need to do a split. To me, I say that it's still important because it gets people excited, it gets people talking about the company, it puts the company in the news, it gets a ton of exposure, people learn more about the company, people learn more about their products and their services. And so that's the way I would look at this. And so I think this Tesla was trading just after close on Tuesday. Let's see here. So it closed on Tuesday at $1,300 in just a little bit over $1,300. And then after hours, it went up about 6% after the news, which is great. So I think you're gonna see a ton of movement with Tesla but next couple of days, people are either wanting to buy before the split or again, there's so many things that would happen here. To me, what I see is number one is people are asking the question, should you buy before the split or should you buy after the split? This is a tricky question because I've actually gotten that for Apple as well. Should you buy before the split? The only thing is if you buy before the split and then you're guaranteed that you would get the stock at that price when they split. So let's say on the day that the stock really actually go through and do the split which is August 21st, if you own a share of Tesla and Tesla was trading at $1,500, so you're guaranteed that you'll have five shares of Tesla at $300 apiece. But if you wait until the split, maybe during that time, there's gonna be a lot of pressure and the more people are lined up to buy the stock, the price is gonna go up. So I mean, it's just common sense. More people wanting to buy and if there's not enough for everybody, then definitely the price is gonna go up. So this is just, again, it's a game of chance and sometimes I've seen situations where they do a stock split and the stock price kind of pull back a little bit before pick up steam. So who knows what's gonna happen with Tesla? And Elon Musk had predicted this, I think just a while back, talking about that this is something that we're gonna talk in their butt of director meetings. And so it looks like he knew this was coming and man, you cannot sleep on Elon Musk, man. This dude is smart and he knows how to play Wall Street and get what he wants. And so this is, I mean, obviously, Wall Street people are gonna be talking about this and you stock, just think about it. You stock when, I think in March, it was down to about $350 or $360 a share and then come August, this thing is now at $1,500. So Musk knows this and as soon as this split happens, something, he's gonna do something, Tesla's gonna do something and you're gonna see the stock again, start squeezing back up to 400, 500, 600 and don't be surprised that maybe by the end of the year Tesla would be trading at about $700 or $800. That wouldn't surprise me. So great opportunity for people to jump in and be part of the Tesla family. If you didn't get in earlier when Tesla was still low. So I mean, I'm super excited about this move for Tesla. So at this point, my personal take is that I think this is a smart move to bring in more people, bring in more investors, get more exposure for the company, introduce people to their products, to their services because the media is gonna be talking about them. Investors, people that missed out on Tesla that were complaining that they missed out, they'll wanna come back and hopefully pick up some shares of Tesla and again, this is a company that is just getting started. In my opinion, Tesla hasn't even hit its peak yet. So imagine when Tesla gets to its peak. This is gonna be massive. Amazon is at over what, $3,000. I totally see Tesla getting to that point someday when they finally establish and really be a full throttle with all their different products and all the different services that they have. So that's my personal take. So let me know in the comment section, what do you think about this split? Do you think Mr. Vidius is an excellent idea or you think, oh, why do you wanna bring in more people? Make Tesla exclusive. Don't bring in more people into Tesla. Let me know in the comment section what you think about it. And also, if you're looking to get started with investing and you don't know where to start, Weibo is currently giving two free stocks for you, signing up to their platform, just for signing up and depositing $100. You get two free stocks that is between $12 and $1400. So definitely check them out. I'll put the links in the description below. And as always, guys, stay motivated.