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Tesla: Importance Of The GigaFactory

Tesla Motors (NASDAQ:TSLA) is still a tiny, start-up car company, even though they are selling several billion dollars worth of cars on three continents. Investors are rightly concerned about Tesla's further growth because the stock price, even after falling back substantially from levels seen last summer, embodies high expectations that Tesla will become much larger and sell many more cars in the relatively near future. We need to understand if Tesla is on track to meet their growth targets and a look at Tesla's new battery plant being built in Nevada may offer some useful insight. This battery plant will be so large that Tesla modestly refers to it as their "Gigafactory