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Thursday, September 4, 2014

Market Chatter- Corporate finance press digest, (NASDAQ: TSLA)

The following corporate finance-related stories were reported by media: * Europe's biggest online fashion company Zalando is aiming to raise over 500 million euros ($657.4 million) with a public listing on the Frankfurt stock exchange later this year, a source familiar with the transaction said.* Tesla Motors Inc is finalizing terms of a deal to build its first lithium-ion battery plant in Nevada and will make an announcement about the deal on Thursday, a person familiar with the matter said.

Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Shares of TSLA fell by 1.03% or $-2.93/share to $281.19. In the past year, the shares have traded as low as $116.10 and as high as $288.00. On average, 5535290 shares of TSLA exchange hands on a given day and today's volume is recorded at 6779735.