Tesla Powers Up As Battery Factory News Trickles Out

By | February 26, 2014

Scalper1 News

With CEO Elon Musk’s planned call about building a battery “Gigafactory” still awaited, Tesla Motors said late Wednesday it could cost $4 billion to $5 billion by 2020 and employ 6,500 people, with $2 billion coming from the luxury electric-car maker. Tesla (TSLA) also said it will sell $1.6 billion in a public offering of bonds to pay for the projects it sees ahead, which include building a mass-market electric car as well as the Gigafactory. Scalper1 News

Scalper1 News