Tesla Wants to Start Building a New US Vehicle Plant This Summer
DETROIT — Tesla Inc. wants to invest about $1 billion to build a 4- to 5-million-square-foot vehicle assembly plant in the southwestern United States as early as the third quarter of this year. The plant will employ 5,000 people and build Tesla’s electric pickup truck and Model Y SUV, according to reports.
Tesla told officials in Travis County, TX, the automaker wants to invest about $1 billion to build the assembly plant on what is now a cement operation near Austin. However, it needs tax breaks to make the site competitive with an alternative location in Oklahoma.