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David Ivy
  • Real Estate Broker
  • Austin, TX
666
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316
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It's official! Tesla picks Austin for next factory.

David Ivy
  • Real Estate Broker
  • Austin, TX
Posted Jul 22 2020, 15:26

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."

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