Tesla (TSLA) eyes battery factory to boost electric car production

Tesla (Nasdaq: TSLA) stock soared 15% in after-hours trading after beating earnings estimates. But it wasn't just revenue driving the stock up.

One of the most expensive and important components in any hybrid or electric car is the battery pack. Companies like Tesla are working hard to bring the price of battery packs down to more affordable levels to help boost interest in electric vehicles

Option Brief: Tesla Motors Inc (NASDAQ:TSLA) short-term options are in demand, as evidenced by the stock's 30-day at-the-money implied volatility of 51.4%, a 2.7% change from Friday's close. Approximately 90 minutes into today's trading session

"Tesla's quest to disrupt a trillion $ car industry offers an adjacent opportunity to disrupt a trillion $ electric utility industry," he wrote in a new note to clients. "If it can be a leader in commercializing battery packs, investors may 

Option Brief: Tesla Motors Inc (NASDAQ:TSLA) short-term options are in demand, as evidenced by the stock's 30-day at-the-money implied volatility of 51.4%, a 2.7% change from Friday's close. Approximately 90 minutes into today's trading session