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Elon Musk to become a true Austinite with launch of Tesla beer

Elon Musk announced Tesla is making Giga Bier. (Laura Figi/Austonia)

First, he dabbled in tequila. Now, he's on to beer.

Tesla will soon launch its own beer, CEO Elon Musk announced earlier this month from Germany at the Gigafactory Berlin-Brandenburg County Fair. Musk showed photos of the futuristic, not-at-all-traditional bottle with the T symbol and its name, "Gigabier," in blue lettering across the side of the bottle.

Between Giga Berlin opening this month and Musk moving Tesla's headquarters to Austin, it's not too surprising he is making his own brew. Tesla has registered trademarks, "Giga Bier" and "Giga Beer," with the U.S. Patent and Trademark Office, according to Texas Monthly's Aaron Chamberlain. It has not been announced when or where this will hit the shelves.

You might be thinking, "What does Tesla know about beer?"

But this wouldn't be the first time the electric car company changes course from creating high-tech vehicles. Tesla has previously launched Tesla Tequila, a sold-out lightning-bottle shaped liquor. And earlier this year, it also applied for trademarks in the restaurant industry without word on what that project may be.

It's been a busy year for the richest man in the world with Tesla stock soaring, a move to Austin for both he and the Tesla headquarters and that sort-of break up with musician Grimes. We can only wait to see what he has up his sleeve next.

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A mortgage banker walks us through the math on purchasing a 'mid-price' Austin home

So you want to buy a house?

To anyone trying to get on the "housing ladder," it's been a discouraging couple of years as prices skyrocketed in a market crowded with buyers bidding against each other for just about any available home.

Things may be calming down, with the Austin Board of REALTORS reporting fewer sales and more available homes this summer.

Mortgage rates have more than doubled in the last year, from around 3% to well over 6% on a 30-year fixed rate loan, getting even more of a bump this week after the Federal Reserve raised bank rates on Wednesday.

So how affordable are homes right now? That, of course, depends on what you want and how much you're able or willing to pay, but here are some rough estimates of what a typical buyer would pay to buy a $650,000 home, which would be considered "mid-price" in today's market.

Mortgage banker Chris Holland (NMLS 211033) of Austin's Sente Mortgage ran some numbers for Austonia to illustrate a typical purchase.

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Fall camping: Camp Fimfo Waco offers one-of-a-kind experiences in the heart of Texas
Camp Fimfo Waco

Camp Fimfo Waco, a brand new camping resort, is kicking off football and fall camping season in style! With top-notch amenities, premium accommodations, and 10 weekends of fall fun, there’s no better place to have a fall camping getaway, especially if you’re a Baylor football fan!

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