Article per KUT.ORG by Jimmy Maas Tesla Chooses Austin For New $1 Billion Factory Tesla’s new $1 billion electric vehicle factory will be built just east of Austin, the company’s CEO Elon Musk announced Wednesday. The factory will be constructed on 2,100 acres off State Highway 130 in southeastern Travis County. Tesla will use the site to make its new pickup trucks and semi-trucks, along with its Model 3 and Y vehicles for the Eastern U.S. “It’s right on the Colorado River, so we’re actually going to have a boardwalk, a hiking-biking trail. It’s going to basically be an ecological paradise,” Musk said on a call with investors where he made the announcement. “Birds in the trees, butterflies, fish in the stream and it will be open to the public, as well.” Musk said on the call that initial construction work is already underway. Gov. Greg Abbott released a statement shortly after the news broke, saying the facility will create at least 5,000 new jobs. “Tesla is one o...
A Residential Real Estate Blog covering the city of Austin, Texas. Highlighting "Off Market" along with Austin Silent Market Inc Real Estate Active MLS Properties for Sale & Lease. Proud Indie ATX Business Advocacy and Local Culture. Curated by Austin Silent Market Broker Associate = George Vance McGee 512.657.9281 direct & georgevance@gmail.com