Tesla Motors Inc Drama May Be Nearing an End

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Mark Melin
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Updated on

The drama between Tesla Motors Inc (NASDAQ:TSLA)’s selection of Texas or Nevada for its battery facility may be reaching a conclusion. Tesla eyes Dallas County for gigafactory The Dallas News Biz Beat Blog is reporting that Tesla Motors Inc (NASDAQ:TSLA) may be looking at land in southern Dallas County as a possible location for a proposed $5-billion battery factory. A still unidentified site in southern Dallas “may be placed under consideration” for the factory and that additional transportation improvements are needed in the area, Michael Morris, director of transportation for the Regional Transportation Council, was quoted as saying.  County officials…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.