Apple, Tesla stock splits take effect: so what?

Shares of tech giant Apple Inc. (NASDAQ: AAPL) and electric automaker Tesla Inc (NASDAQ: TSLA) are both trading at a split-adjusted basis and experts are mixed on the move. ‘Smart move’ Apple and Tesla deserve credit for a “smart move” at the “right time” in splitting their respective shares, Wedbush analyst Daniel Ives told CNBC. Both companies face notable catalysts in the coming months and are operating from a position of strength. Apple faces a potential “supercycle” ahead of its anticipated new smartphone launch while Tesla continues to expand its customer base, the analyst said. The split can be seen