Tesla to build its next Gigafactory near Austin, Texas


Tesla will build its new Gigafactory near Austin, Texas, chief executive Elon Musk said on the company’s earnings call on Wednesday.The area occupies about 2,000 acres and will be about 15 minutes from downtown Austin, Musk said. He said the plant would be an “ecological paradise” and that it would be open to the public.

“We’re going to make it into a factory that will be beautiful, right on the Colorado River. So we’re going to have to have a walk above you, a hike, a cycle path. It will be fundamentally ecological. paradise, ”Musk said.

The site will be used to build the company’s Cybertruck, its Semi, and the Model 3 and Model Y for the eastern half of North America, Musk said.

Musk also added that Tesla will continue to grow in California, where it will build the Tesla Model S and Model X for global deliveries and the Tesla Model 3 and Tesla Model Y for North America.

Travis County, where the new auto plant will reside, voted earlier this month to give Tesla at least $ 14.7 million in tax breaks to build the plant and create jobs in the region. Tesla now employs around 10,000 people at its only US auto plant in Fremont, California.

“Texas has the best workforce in the country and we’ve built an economic environment that allows companies like Tesla to innovate and succeed,” Texas Governor Greg Abbott said after the announcement.

“Tesla’s Gigafactory Texas will maintain the strongest Texas economy in the country and create thousands of jobs for hard-working Texans. I look forward to the huge benefits Tesla’s investment will bring to central Texas and the state as a whole. ”

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