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David Ivy
  • Real Estate Broker
  • Austin, TX
697
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It's official! Tesla picks Austin for next factory.

David Ivy
  • Real Estate Broker
  • Austin, TX
Posted

It's official! Tesla has chosen a site in far East Austin for its next factory. From the Austin-American Statesman:

"In one of the largest economic development projects in Austin’s history, electric automaker Tesla says it will build a $1.1 billion assembly plant in Travis County that will employ 5,000 people.

Wages at the factory — to be located on 2,100 acres off Texas 130 and Harold Green Road — will start at $35,000 annually, counting benefits, bringing job opportunities and investment to a southeastern portion of the county that officials say is sorely in need of them.

It will produce the electric vehicle maker’s upcoming Cybertruck electric pickup, as well as be a second site to build its Model Y SUV. Tesla officials have said they intend to break ground on the factory by the third quarter of this year."

  • David Ivy
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    Jay Hinrichs
    #1 All Forums Contributor
    • Real Estate Consultant
    • Summerlin, NV
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    Jay Hinrichs
    #1 All Forums Contributor
    • Real Estate Consultant
    • Summerlin, NV
    Replied

    thats exciting news.. and makes sense.. since they dont have a dealer network brings them closer to the buyers as well.

    And I suspect Texans now will fall in love with the cybertruck since its Texas MADE  LOL

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    JLH Capital Partners
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