A Recession Warning Sign? Part of U.S. Yield Curve Inverts for First Time Since 2006

Reuters

Tesla to ask shareholders to vote on authorizing more shares

The Austin, Texas-based company’s shares rose nearly 4% to $1,049.05 in trading before the bell. The stock split, if approved, would be the company’s latest after a five-for-one split in August 2020 to make owning the stock easier for its employees and investors. It comes on the heels of stock splits announced by tech giants including Alphabet Inc, Amazon.com Inc and Apple Inc in recent years as they gain in a pandemic-induced rally in the sector.