Tesla Expands in Texas with $200M Megafactory Investment
BROOKSHIRE, TX—Tesla is set to build its third Megafactory in Brookshire, Texas, investing $200 million to expand its energy storage production. The facility, dubbed "Mega Brookshire," will create 1,500 jobs and manufacture Megapacks and Powerwalls using lithium iron phosphate batteries.
The project includes $194 million for upgrades, $31 million for a distribution center, and $2 million for enhancements. The factory is expected to generate up to $10 billion annually. This move reinforces Texas as a key Tesla hub following the success of Giga Texas and the recent launch of a Shanghai Megafactory.
Source: Nilsen Report
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