Median home price in Sparks, Nevada, has increased 42% since Tesla announced its Gigafactory

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While only the first phase of Tesla’s Gigafactory is currently in operation, the impact of Tesla’s presence in Northern Nevada is already significant. A recent look at home sales in Sparks, Nevada, where Tesla is building the battery factory, shows that the median home price has increased 42% since the automaker announced its plans for the plant. more…

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