In the year of 2019, the entire trading community and countries were benefitting from the growth and development in the industrial sectors that were boosting the values of many giant companies as well as helping small companies grow bigger and in a very fast manner.
All of this success and growth came to a halt when in the end of 2019, the COVID-19 started revealing itself and before the world could ready itself for this problem, it enveloped itself around the entire world. Emergencies were called out around the world and the Coronavirus outbreak was announced as the pandemic of the 21st century that ended up taking the lives of millions and causing fear in the hearts of humanity. What came next was extreme lockdowns and curfews to ensure that the coronavirus could be contained.
The entire world’s health and research organizations came together and with the help of World Health Organization (WFO), to come up with SOP(s) in order to avoid the spread of this pandemic.
While the entire world was trying to fight this pandemic, the entire world’s economy had started to deteriorate as the result of mass-shut downs of companies and industries due to the lockdowns and SOP adherence procedures. People had started getting unemployed in a matter of months, world economy came crashing down and millions of people lost their jobs.
At present, there are almost zero lockdowns or curfews as the coronavirus is almost gone but what is left is the rubble of the crash from the economy and industries that were unable to save their assets, resulting in millions losing their jobs. In this time of need, people who are desperate and in need of opportunities, are looking up to the giant companies who are still ruling the world economy.
Recognizing the need of time and determined to help bring the economy back to its feet, Apple and Tesla have joined hands and decided to split their stocks that were out of reach of a common investor. This critical step taken by Apple and Tesla is sure to bring up the world’s economy as common investors as well as other companies would be able to buy their assets separately at lower prices and would be able to earn profits in the long run. At present, the value of Apple’s stocks are $500 per share and for Tesla, it is $2,200 per share.
Looking at this initiative, more companies and big names are expected to jump into the field and help the world’s governments in achieving what seems to be unachievable at the moment. This has again injected life into the people who had lost their hopes because of this pandemic.
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