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CNBC's Phil LeBeau reports Nevada is expected to be the first state to have a Tesla gigafactory.
One pro thinks Tesla is overvalued, but another thinks the stock will continue to move higher.
Take a look at some of Wednesday's after-hours movers: TIBCO, PVH, Shoe Carnival & more.
DETROIT, Sept 3- Tesla Motors Inc is finalizing terms of a deal to build its first lithium-ion battery plant in Nevada and will make an announcement about the deal on Thursday, a person familiar with the matter said.
Sept 3- Tesla Motors Inc has decided to build its "gigafactory" in Nevada, CNBC on Wednesday cited sources as saying, picking from among several U.S. states for the future site of an estimated $4 billion to $5 billion battery plant to produce cheaper and more efficient battery packs.
John C. Thompson, Vilas Capital CIO and CEO, thinks Tesla is 5 times overvalued. Cole Wilcox, Longboard Asset Management, explains why he is buying the stock.
According to Dow Jones, Tesla will choose Nevada to build its battery factory. CNBC's Phil LeBeau provides insight.
A source said it could be a week before the deal between Tesla and Nevada for the battery "gigafactory" is finalized.
If chart patterns are to be believed, one car maker is about to peel out and head higher.
The dynamics in the market are changing. And Cramer says investors need to change, accordingly.
*Dollar General raises Family Dollar bid. *Digital Ally shares extend rally. The S&P energy index fell 1.3 percent as the prospect of slowing demand for oil in China and Europe and concerns about an oversupply of oil brought Brent crude oil futures to their lowest price since May 31, 2013.
*Dollar General ups Family Dollar bid. *Digital Ally shares extend rally. Noble Corp was the biggest loser among the S&P energy names, falling 3.3 percent, while Ensco PLC fell 3.1 percent.
Tesla Motors has a "staggering" ability to ramp up production, said Stifel Nicolaus auto analyst James Albertine.
Stifel Nicolaus' James Albertine explains why he upgraded Tesla to a buy, and the FMHR traders provide perspective.
Discussing what, if anything, could derail Tesla's long-term stock run, with Brad Erickson, Pacific Crest research analyst, Craig Irwin, Wedbush Securities clean tech analyst.
CNBC's Jim Cramer explains why Tesla is one of the best run stocks he's ever seen.
Some of the names on the move ahead of the open.
Stocks rose Friday, with Wall Street headed to a fourth week of gains ahead of the long holiday weekend.
Some of Friday's midday movers:
A coalition of government watchdog groups is urging states to stand firm against Tesla Motors' demand for millions of dollars in incentives to win its so-called "Gigafactory".