Economy

Tesla, $10 billion for the Texas Gigafactory

Tesla he has Headquartered in Texas Close New Giga Factory where you will produce Model Y AndExpect Cybertruck. This plant is central to Elon Musk’s growth strategy. A factory that the American manufacturer intends to invest in over time as well 10 billion dollars.

This important detail was highlighted directly by Musk via Twitter, in response to a tweet in which the Democratic Party candidate in the United States Congress (Mike Siegel) criticized the fact that the manufacturer received 60 million different incentives from Texas to build the new Giga plant.

Musk then replied that Tesla would invest that significant amount in this plant over time. production site that It will directly employ 20,000 people Which will make it possible to create another 100,000 jobs related to related industries. Right now, we know that Tesla has already invested $1 billion in its new factory. A number, however, that was used only for construction and commissioning.

Therefore, over time, the manufacturer will continue to invest in this plant to expand its production capacity. Today, all Tesla cars currently sold in the United States are made solely at the Fremont plant in California, which can make about 500,000 electric cars annually.

Therefore, the Texas plant will make it possible to meet the demand for cars on American soil. Moreover, since the giant Berlin factory has not yet come into operation, one can imagine that the Model Y built here could also be exported to the Old Continent. currently, Model Ys built in China has been imported to Europe.

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In any case, if the numbers announced by Elon Musk are really true, especially those on the employment front, the Texas investment can be paid off quickly with the boost that will be given to the local economy.

Thelma Binder

"Explorer. Devoted travel specialist. Web expert. Organizer. Social media geek. Coffee enthusiast. Extreme troublemaker. Food trailblazer. Total bacon buff."

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