This should accelerate the proliferation of EVs in general, and Tesla cars in particular, in the U.S. What You Can Do Now What you can do is simply buy a few shares of TSLA stock at its newly reduced price, with an eventual target of $500. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) recently approved a stock split. Furthermore, TSLA stock still offers exposure to an EV-market pioneer, and the Inflation Reduction Act will work in Tesla’s favor.