Elon Musk’s Tesla Motors Inc. (TSLA) plans to sell $1.6 billion in convertible notes to finance the world’s largest battery factory. Company reps are currently touring Texas, Nevada, Arizona and New Mexico, looking at potential sites for the 10 million-square-foot facility. Those dimensions make the TSLA build-out “… the most attractive industrial project out there.” And Musk’s goal of producing 500,000 cars a year will be that much closer to reality. Dubbed the “gigafactory,” this project would make Musk’s company a force in both U.S. manufacturing and electric power. The scale of this project is so immense that Tesla estimates it could drive down the cost of lithium-ion batteries by as much as 30 percent. Even before this announcement, shares of TSLA have gone up seven-fold in the last year. Now the question is, can Musk’s foray into power generation create another seven-fold jump.
Tesla’s ‘Gigafactory’ to Energize Company Shares Even Further
Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns
This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.
Get Access to the Report, 100% FREE
PREMIUM SERVICES FOR INVESTORS
Dr. Mark Skousen
Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.
- Forecasts & Strategies
- Home Run Trader
- Fast Money Alert
- Five Star Trader
- TNT Trader
A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.
- Cash Machine
- Premium Income PRO (exclusively for subscribers of Cash Machine)
- Quick Income Trader
- Breakout Options Alert
- Hi-Tech Trader
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
- Successful Investing
- High Velocity Options
- Intelligence Report
- Bullseye Stock Trader
- Eagle Eye Opener
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
- Retirement Watch
- Retirement Watch Spotlight Series
- Lifetime Retirement Protection Program
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:
- Investment House Daily
- Stock of the Week
- Technical Traders Alert
- Rapid Profits Stock Trader
Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.
Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.
- Dividend Investor