Tesla Wants to Start New Plant This Summer

June 22, 2020

Tesla wants to officially start building its new assembly plant, planned for Texas or Oklahoma, this summer.

June 22, 2020—Tesla wants to start building its large vehicle assembly plant as early as this summer, reports Reuters.

According to the report, the company is still looking at Texas and Oklahoma for its new plant, pitting them against one another in an effort to secure tax breaks.

Tesla told officials in Travis County, Texas—near Austin—that they wants to invest about $1 billion to build the 4 million to 5 million square foot vehicle assembly plant, which would employ 5,000 people. However, the company needs tax breaks to make the site competitive with an alternative location in Oklahoma, according to documents filed with Texas officials.

The plant would build Tesla's electric pickup truck and Model Y SUV, according to the report.

Sponsored Recommendations

Valvoline Partner Solutions

We arm you with products that build trust, tools that unlock productivity, and training that drives business performance, so you feel confident in where your...

Grow the business you know

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Solutions that drive results

Connect with Valvoline experts to increase operational efficiency and customer loyalty – from Valvoline-funded promotions to hands-on training, we’re here to...

Free Resources for Shops Like Yours

View insights, research and solutions curated specifically for shops like yours.