February 9, 2023
Tesla plans to spend greater than 0 million on Texas manufacturing unit growth

An enormous cowboy boot is on show outdoors the Tesla Giga Texas manufacturing facility through the “Cyber Rodeo” grand opening occasion on April 7, 2022 in Austin, Texas.

Suzanne Cordeiro | AFP | Getty Photographs

Tesla has registered with the state of Texas to increase its electrical automobile manufacturing unit in Austin this 12 months.

January filings with the Texas Division of Licensing and Regulation reveal that Tesla plans to spend upward of $770 million on the development of services there, together with for battery cell testing and manufacturing, cathode and drive unit manufacturing, and a die store, amongst different issues.

The Austin Enterprise Journal beforehand reported on Tesla’s plans and filings.

The Elon Musk-led automaker formally opened its Texas electrical automobile and battery manufacturing unit in April 2022, internet hosting a “cyber rodeo” occasion for shareholders and followers there. As we speak, Tesla manufactures a few of its Mannequin Y crossover utility autos in Austin, and plans to mass manufacture its science fiction impressed Cybertruck, an unconventional pickup, there as properly.

After the corporate initially opened its Austin manufacturing unit, and one other automobile meeting plant outdoors of Berlin in Germany, CEO Musk referred to as each services “gigantic cash furnaces,” in an interview with Tesla Homeowners Silicon Valley.

Tesla plans to spend greater than 0 million on Texas manufacturing unit growth

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