Final hurdles cleared for Telsa Gigafactory in Austin

[Neil Narayan]

Last week the ISD approved the Tesla tax break and yesterday the County approved it as well. Tesla has now cleared the final hurdles to forward with $1.1B “Gigafactory,” which will manufacture the Cybertrucks and create 5000 jobs 🤓

https://www.cnbc.com/2020/07/14/texas-county-approves-tax-breaks-for-a-new-tesla-factory-near-austin.html

[Neil Narayan]

@Andrew George Dennis the further out you go the better the cash flow but it can take a bit longer to rent out on the outskirts vs in Austin MSA so you have to consider your tradeoffs.