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There are no official announcements from Tesla about declaring dividends for 2024.
Tesla's dividend policy has always been to reinvest profits year after year. Since going public in 2010, the company has gone through a time of great uncertainty when it had problems in the production of the Tesla Model 3.
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Payout Ratio Tesla Dividends
Dividend calendar of Tesla
There is no Dividend Calendar of Tesla defined for 2024.
Why doesn't Tesla pay dividends?
You have probably been surprised to see that Tesla does not pay dividends despite being a very large company that has grown a lot in the last 4 years. Well, you have to understand that the company belongs to a high-growth sector and they need to retain profits to continue expanding factories around the world to increase production of their models and reduce costs.
Last Tesla Split
Last August 26, 2022, Tesla conducted its second split in its history. The company will distribute 3 shares to investors for every 1 share they owned as the price was close to $1,000.
Information about Tesla
Tesla is an American electric car company founded in 2003 by entrepreneurs Elon Musk, Marc Tarpenning and JB Straubel. It started as a very small manufacturer of fully electric cars, with only one model. But in twenty years it has become the world's largest electric car manufacturer.
In addition, it has been a pioneer in the adoption of advanced state-of-the-art technologies, such as autopilot driving. It also offers home batteries and solar panels.
Tesla has had a significant impact on the automotive industry and has driven the adoption of electric cars worldwide. During 2020 the company had a higher valuation than the sum of its automotive competitors, such as General Motors, Ford and Toyota.
Tesla currently had a total turnover during 2022 of $82 billion, 51% more than in the same period of the previous year. However, net income was $12.5 billion, an incredible 128% more than the previous year.
Elon Musk has reported that Tesla has $20 billion cash balance.
Frequently asked questions about Tesla dividends
Tesla is listed on the U.S. Technology Index and is part of the Nasdaq.
Tesla has the Ticker or stock code TSLA.
The CEO of Tesla in 2024 is Mr. Elon R. Musk.