Tesla’s new $1.1B Austin factory could drive headquarters into city
Electric vehicle manufacturer Tesla revealed July 22 that it has picked Austin for a $1.1 billion factory that’ll employ at least 5,000 people. The plant, encompassing 4 million to 5 million square feet, will be situated on about 2,100 acres along the State Highway 130 toll road near Austin- Bergstrom International Airport. Travis County and the Del Valle Independent School District approved about $60 million in tax incentives for the Tesla plant. With that trophy…
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