Tesla Considers Austin, Texas For New Gigafactory

Tesla is considering buying a property near Austin, Texas, for the possible construction of a new electric vehicle manufacturing plant, an application to the Texas Comptroller’s Office shows.

Elon Musk said that the EV manufacturer is considering several options for the new plant.

“Tesla Inc is evaluating the possible development, design, and construction of a high-tech electric vehicle manufacturing plant in Travis County within the Austin Green property located at the intersection of SH130 and Harold Green Road,” the EV maker said, noting that if the sale goes through and all required approvals are obtained, construction could begin in the third quarter of 2020.

If the new EV manufacturing plant is built in Texas, it would create 5,000 jobs in the state, Tesla said in its application.

“Tesla has an option to purchase this land, but has not exercised it,” Musk tweeted on Thursday, replying to a news story reporting that it had already acquired the property in Travis County.

Asked if Tulsa, Oklahoma, is also in the mix, Musk said that “We are considering several options.”

Article URL : https://www.zerohedge.com/technology/tesla-considers-austin-texas-new-gigafactory?

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