Tesla (NASDAQ: TSLA) is one of the most-followed companies in the stock market. It's rare for investors not to have an opinion about CEO Elon Musk and his company, whether it's highly positive or scathingly negative. In just over a decade, though, Tesla has gone from a brash, cocky upstart to an industry leader.
Tesla has a habit of breaking past new milestones often, typically in dramatic fashion. Even so, it still came as a surprise to many that Tesla chose to split its stock for the first time in its history as a publicly traded company. If you're looking at Tesla as a potential buy right now, you're probably asking yourself a key question: Should you buy the stock before the stock split happens, or wait until you can invest at lower share prices? Tesla has never done a stock split before, so history can't guide us. However, the answer lies more in short-term market psychology than long-term fundamental business prospects.
Image source: Tesla.