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First look at Tesla factory outside Sparks

Posted at 12:04 AM, Jul 27, 2016
and last updated 2016-07-27 03:04:05-04

Tesla gave a first look of its new factory outside of Sparks Tuesday.

In a press conference, CEO Elon Musk says the gigafactory itself is going to be a major innovation. He says that makes it even more important than the products it is creating because it will bring $50 million to $60 million a year.

The factory will make batteries for the Model 3 sedan.