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Why did Tesla choose Austin?
The Austin move, he said, gives the company the chance to build out in a location where there is ample space to support its growth. Capacity at the Fremont factory, where Tesla has more than 10,000 workers, has reached its limits.
What is Elon Musk building in Austin TX?
Giga Texas
Musk said Thursday that Tesla is making great progress on the Austin-area factory, which the company has dubbed Giga Texas. The first vehicles are expected to roll out as early as this year, and the facility could bring more than 10,000 new jobs to Central Texas through 2022.
How much did Tesla pay for the land in Austin?
Tesla already owns a wealth of land in Texas, and, according to Electrek, it owns more land in Austin than in any other location. The company paid about $100 million for 2,000 acres outside of Austin when it first started planning its Texas Gigafactory.
How many Tesla employees are moving to Austin?
Even before Musk’s relocation announcement, the electric vehicle maker planned to bring some 10,000 workers to an imposing new factory east of the city center.
Where in Texas did Tesla move to?
Austin, Texas
Today, Tesla issued a new SEC filing that confirmed the move and revealed the new address of Tesla’s headquarters: On December 1, 2021, Tesla, Inc. relocated its corporate headquarters to Gigafactory Texas at 13101 Harold Green Road, Austin, Texas 78725.
Is Tesla HQ moving to Austin?
Tesla today announced that it has officially moved its headquarters to a location next to Gigafactory Texas in Austin. At Tesla’s 2021 shareholder’s meeting in October, Elon Musk announced that Tesla would be moving its headquarters from Palo Alto, California, to Austin, Texas.
How big is the Tesla Gigafactory in Texas?
1 The Tesla Gigafactory is expected to be the largest buiding in the world – 1.21 km long – while still being powered by renewable energy, primarily solar.
When did Tesla move to Austin?
The Semi, originally planned to launch in 2020, has been delayed to 2023, as has the Roadster that was first unveiled in 2017. Yesterday, at Tesla’s 2021 shareholder meeting, CEO Elon Musk announced that Tesla will officially move it headquarters to Austin, Texas.
How much will the Austin Gigafactory cost?
Tesla will spend at least $1.06 billion on a new vehicle factory in Austin, Texas, according to public filings. Construction on facilities intended for body work, stamping, casting, painting, and full vehicle assembly are scheduled to be completed by Dec.
What did Elon Musk say about Austin TX?
Austin mayor on Tesla’s HQ move, Elon Musk Tesla CEO Elon Musk warned Sunday against turning the city of Austin, Texas, into a “San Francisco copycat.” “Austin should be its city, not a San Francisco copycat,” the billionaire tweeted.