(AOF) – The American manufacturer of electric vehicles Tesla grabbed 1.69% in pre-market trading (closing price on 08/24 at 891.29 dollars / +1.93%), while the division by three of the par value of the group’s share, approved by the shareholders on August 4, is due to take effect today. In March, Tesla had indicated that it was looking to carry out a new split (“split”) of its title. Tesla had already carried out such an operation in the summer of 2020 in order to make its action more accessible to employees and small investors. The goal remains the same today.
An investor who owns one stock on August 21 will own three at the open.
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A paradoxical performance
Data from EY highlights that the performance of the world’s top 16 manufacturers was particularly strong in 2021. While the average margin has fallen for three years in a row, from 6.3% in 2017 to just 3.5% in 2020 , this margin stood at 8.5% in 2021. This level is a record for ten years. However, the context was particularly hectic for manufacturers, faced with unprecedented shortages of components. Global sales fell 14% in 2020, the year of the health crisis, to rebound by only 5% in 2021. However, last year, players were able to reap the benefits of their efforts on their fixed cost structure. .