Musk and his flagship company, Tesla, purchased more than 2,500 acres of land in eastern Travis County for $1.1 billion. On that land, Tesla plans to build an electric vehicle manufacturing facility but has since filed paperwork for another undisclosed facility that could sit on up to 97 acres.
The manufacturing facility is expected to employ 10,000 people by the end of 2022. Tesla will receive $60 million in local tax incentives for choosing Travis County, a decision which came at the end of a two-month courtship once Musk announced his company would look outside of California due to tensions with health officials over coronavirus shut down mandates.
Tesla isn’t the only Musk venture placing roots in Texas. His space exploration company, SpaceX, has operated in South Texas near Brownsville for a couple of years. Musk also waded into the post-Texas blackout fray touting his 100-megawatt battery as a boon to the state’s grid.
Officials with Tesla and those partnering with the company on its new side project have been tight-lipped about its details. But the Austin Business Journal previously reported a SpaceX facility was expected to accompany the Tesla factory.
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Brad Johnson
Brad Johnson is a senior reporter for The Texan and an Ohio native who graduated from the University of Cincinnati in 2017. He is an avid sports fan who most enjoys watching his favorite teams continue their title drought throughout his cognizant lifetime. In his free time, you may find Brad quoting Monty Python productions and trying to calculate the airspeed velocity of an unladen swallow.
