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CNBC's Phil LeBeau spoke to Tesla CEO Elon Musk about the decision to build its gigafactory in Sparks, Nevada, and his company's stock price. Musk said he thinks Tesla's stock is "kind of high right now."
CNBC's Jim Cramer and David Faber discuss Tesla's plans to build its $5 billion gigafactory in Nevada, and if its stock is too high.
Wall Street looked set to open slightly lower, ahead of the August non-farm payrolls report due later on Friday.
Some of the names on the move ahead of the open.
CNBC's Phil LeBeau reveals details of Nevada's giga-deal with Tesla Motors which is expected to create 6,500 jobs when the plant is fully operational.
RENO, Nev.— The Biggest Little City in the World is about to get a new neighbor: the biggest lithium battery factory in the world that Nevada Gov.
The speed in which the factory can be built is the crucial reason why Tesla chose to build its super battery factory in Nevada, says Sam Jaffe, Principal Research Analyst at Navigant Research.
CARSON CITY, Nevada, Sept 4- Tesla Motors Inc has selected Nevada as the site for a $5 billion battery factory that will be key to its next generation of electric cars, Nevada Governor Brian Sandoval announced on Thursday. California, Texas, Arizona and New Mexico were also in competition for the plant.
CARSON CITY, Nevada, Sept 4- Tesla Motors Inc has selected Nevada as the site for a $5- billion battery factory that will be key to its next generation of electric cars, Nevada Governor Brian Sandoval announced on Thursday.
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Nevada's unemployment rate will "drop considerably" should Tesla build a plant near Carson City, says Mayor Bob Crowell.
Why Tesla picked Nevada for its gigafactory, with CNBC's Phil LeBeau.
Some of Thursday's midday movers:
CNBC's Phil LeBeau speaks to the Mayor of Carson City, Nev., Bob Crowell, about the significance of landing Tesla's first gigafactory.
CNBC's Phil LeBeau reveals the key factors why Nevada was awarded Tesla's gigafatory.
Rep. Mark Amodei, (R-Nev), explains the commerce development of western Nevada, and why logistically it's the perfect location for the gigafactory.
Tesla will build its first gigafactory in Nevada. CNBC's Jim Cramer and David Faber discuss the big picture for the electric car maker.
CNBC's Phil LeBeau reports Nevada is expected to be the first state to have a Tesla gigafactory.
RENO, Nev.— To bring electric cars to the masses, Tesla Motors will transform an expanse of desert where pioneers passed on their way to the California Gold Rush and wild mustangs still roam the hillside.
One pro thinks Tesla is overvalued, but another thinks the stock will continue to move higher.