Birdwatch Note Rating
2022-08-26 23:06:11 UTC - HELPFUL
Rated by Participant: 04E0788AD810050418BBEDAFD2481E90904248E2538D9D4DF90E461C3C37604C
Participant Details
Original Note:
The stock is not down 60%. There was a 3:1 stock split which means everyone who owned shares before the split got 3 shares for every 1 share they owned and the price was divided by 3. https://www.forbes.com/sites/sergeiklebnikov/2022/08/24/teslas-31-stock-split-goes-into-effect-heres-what-it-means-for-investors/
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