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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.
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