By Kim Khan
Investing.com – Tesla (NASDAQ:TSLA) 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 the 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:GOOGL) could acquire the electric automaker for $1,500 per share.
The stock is up more than 80% year to date.