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U.S. equity futures traded lower Wednesday morning, the day after a Federal Reserve official's comments fueled expectations of more aggressive U.S. rate hikes.
Tesla’s share split, which aims to make the stock more attractive to small investors, comes as surging demand for electric vehicles promises to boost profits.
Tesla Inc added about $84 billion to its stock-market value on Monday, more than Ford Motor Co's entire market capitalization.
A stock plan by Tesla to increase the amount of stock offered has created a surge in the value of its stock (Mid-Day Report).
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