Tesla Building Pilot Battery Cell Manufacturing Line – Report

By Kim Khan

Investing.com – Tesla (NASDAQ:) will reportedly be building a pilot battery cell manufacturing line, a move that will bring it closer to making its own battery cells, according to a published report Tuesday.

Shares of Tesla rose 1.4% in afternoon trading.

Tesla will build its pilot line in its Fremont, Calif. factory, website elektrek reported, citing a job listing for a “Pilot Line Production Engineer, Cell Engineering.”

Tesla shares rose on Monday after a Forbes article contended that Google (NASDAQ:) could acquire the electric automaker for $1,500 per share.

The stock is up more than 80% year to date.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.