The permits show that Tesla's previously announced expansion in Austin remains on track to start producing vehicles in the near future.
Tesla will spend at least $1.06 billion on a new vehicle factory in Austin, Texas, according to public filings.
The permits show that Tesla's previously announced expansion on the edge of the Colorado River remains on track to start producing vehicles in the near futureElon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year.will spend over $1 billion on a new vehicle factory in Austin, Texas, and aims to complete construction of several major elements of the complex by Dec.
The permits show that Tesla's previously announced expansion next to the Colorado River remains on track to start producing vehicles in the near future and that the company is investing a substantial amount of capital at the 2,000-acre facility. . "We are in the process of commissioning equipment and fabricating our first pre-production vehicles."The Texas filings, dated Nov. 19, show that Tesla started construction in Sept. and Nov. 2020 on facilities intended for body work, stamping, casting, painting, and full vehicle assembly at the plant, which will have more than 4.2 million square feet of space.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla details $1 bln costs for new Texas factory, targets year-end completionTesla Inc is planning to spend more than $1 billion on its new vehicle factory in Austin, Texas, and plans to complete construction by the end of this year, public filings with a Texas state agency showed.
Read more »
Young Thug's Lawsuit Over Swiped Cash, '$1 Million' in Unreleased Music Heats UpYoung Thug's lawyer blasts claims that the rapper, not building management, is to blame for the loss of a Louis Vuitton bag filled with $40,000 in cash, diamond-encrusted jewelry, and 200 unreleased songs 'worth at least an estimated $1,000,000.'
Read more »
El Salvador plans to create a 'Bitcoin City' and raise $1 billion via a 'Bitcoin Bond'El Salvador plans to construct a 'Bitcoin City' near a volcano that will be funded by the cryptocurrency.
Read more »
Jewish Story Partners Announces Second Wave of Film Grants, Pledges $1 Million by 2023Jewish Story Partners, the non-profit film fund that launched six months ago, announced its second round of grant recipients on Monday. The winners came after an open submissions call that saw a 22…
Read more »
Harris announces $1.5B investment in health care workforceVice President Kamala Harris has announced that the Biden administration is investing $1.5 billion from the coronavirus aid package to address the health care worker shortage in underserved communities
Read more »
Elon Musk says Tesla Model S Plaid may launch in China in MarchTesla CEO Elon Musk said that the Model S Plaid vehicle may be launched in China early next spring.
Read more »