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Tesla adding to land holdings for Austin factory

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Check Rosette Top Subjects:
Residential, Taxes & Accounting, and Flipping
  • Posts 745
  • Votes 487

Bryan Noth
Realtor and Investor from Austin, TX

posted 5 months ago

Article highlights:

“Tesla recently purchased 381 acres adjacent to its existing 2,100-acre site at Harold Green Road and Texas 130, deed records show.
Tesla also is believed to be pursuing additional land purchases in Southeast Austin along the Texas 130 corridor, according to local real estate developers knowledgeable about the area.
A battery-making operation also could be a possibility, as well as a test-driving area, analysts have said.
“We’re going to make it a factory that is going to be stunning,” Musk said in announcing the project. “It’s going to basically be an ecological paradise — birds in the trees, butterflies, fish in the stream — and it will be open to the public as well.””

Link to full article below:

https://www.statesman.com/business/20200925/tesla-adding-to-land-holdings-for-austin-factory

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Check Rosette Top Subjects:
Traditional Financing and Real Estate Finance
  • Posts 95
  • Votes 41

Vik J.
from Redmond, Washington

replied 5 months ago

“Ecological paradise” lol! Apparently the man’s never set foot in Texan heat!!!

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Check Rosette Top Subject:
Rentals
  • Posts 195
  • Votes 183

Nina Hayden
Rental Property Investor from Dallas, Austin

replied 5 months ago

LOL a commie with ugly cars. 

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Check Rosette Top Subjects:
Rentals, Maintenance, and Team
  • Posts 473
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Ryan Kelly
Realtor from Austin, TX

replied 5 months ago

@Bryan Noth Why would they need to build a test-driving facility? They've got the Circuit of the Americas about 5 minutes away!!

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Check Rosette Top Subjects:
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  • Posts 745
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Bryan Noth
Realtor and Investor from Austin, TX

replied 5 months ago

@Ryan Kelly quite true!

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Check Rosette Top Subjects:
Rentals, Residential, and Taxes & Accounting
  • Posts 713
  • Votes 577

Aaron Gordy
Real Estate Broker from Austin, TX

replied 5 months ago

With money that area can be very nicely developed! If, and its a big if, that happens then expect the demand for real estate in the area to increase. Follow the money. 

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