Tesla is traveling to Texas to build its largest automotive meeting facility, CEO Elon Musk announced Wednesday’s call for second-quarter results. Musk said the paintings are already underway for the 2,100-acre site structure.
The plant will be in Travis County, near Austin, and employ at least another 5,000 people with a minimum wage of $15 per hour, according to the Associated Press. Tesla announced it would invest $1.1 billion.
Musk described the new gigafactory as “an ecological paradise” on the Colorado River, with a hike and a motorcycle and a trail. He said the site will be open to the public.
The company will use the to build its new Cybertruck van, as well as the small Model Y SUV. Musk said the company would produce “many” “long-term” cars. On its website, Tesla says production of Cybertruck will begin in 2021.
Over the next 10 years, Tesla will get more than $60 million in tax breaks from the federal government and a local district, according to the AP.
Texas Gov. Greg Abbott welcomed Tesla to the state and said the company “is one of the most exciting and cutting-edge corporations in the world, and we are proud to welcome its team to the state of Texas.”
“Texas has the most productive workforce in the country and we have built an economic environment that allows corporations like Tesla to innovate and succeed,” Abbott said in a press release. “Tesla’s Gigafactory Texas will be the most powerful Texas economy in the country and create thousands of jobs for hard-working Texas. I take a look at the super benefits that Tesla’s investment will bring to central Texas and the state at large.”
Thanks to. Tesla for embracing our state.
Gigafactory will have thousands of Texas and will be the cornerstone of next generation innovation.
It’s a laugh to meet you. Welcome to Texas. pic.twitter.com/PsnfaEUHaz
In a summary of Tesla’s second quarter update released Wednesday, the company said that despite the closure of the main plant in Fremont, California, for nearly half of the quarter due to the coronavirus pandemic, “the business has shown unprecedented strong resilience.” “.
“We believe that the progress we have made in the first part of this year has set us up for a success in 2020. The production of our existing services continues to improve to meet demand, and we are adding more capacity,” the company said. “By the end of this year, we will build 3 plants on 3 continents simultaneously.”
Musk said the effects say the California plant “will continue to grow.” In addition to the new plant in Texas, Tesla is also building a factory in Germany and has a factory in Shanghai.
Musk added that the company was “super impressed” with Tulsa, Oklahoma, which was also one of the top applicants for Tesla’s new plant, and said that “strongly Tulsa for the long-term extensions that Tesla has along the way.”