Tesla Makes Reno a Critical Stop on Way to Las Vegas and CES

Tesla (NASDAQ:TSLA) are inviting investors to an exclusive tour of Elon Musk’s Gigafactory in Reno. Driving down battery costs is crucial as the Model 3 introduction nears.
As quoted in the press release:

The electric-car maker is seizing on next week’s consumer electronics show to host investors and analysts at Gigafactory 1, the sprawling Nevada plant where it makes batteries and energy storage packs. Tesla Motors Inc.’s invitation-only “investor event” will take place Jan. 4, as the tech and automotive industries swarm into Las Vegas for CES 2017. Though self-driving technology will be in the spotlight this year at CES, Tesla typically skips large industry trade shows, preferring to announce products separate from the pack.
“We are excited to see the scope and scale, not just of the facility itself, but in the levels of automation and potential advancements in manufacturing,” said Joe Dennison, associate portfolio manager of Zevenbergen Capital Investments in Seattle. Dennison said he’s eager to learn more about Tesla Energy products and hear any updates on timing or battery-cost reductions ahead of the Model 3 introduction.

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