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New Tesla Gigafactory site in Austin, Texas

(Video by Steven Joyner/Austonia)

Arrive at the site in Southeast Travis County where Tesla just announced it will be building a $1.1 billion Gigafactory, and you'll find 18-wheeler trucks running in and out of the property. See the area from above, and it's a flurry of activity.


Though the news is less than a week old, CEO Elon Musk said during the call where he confirmed that the company had chosen Austin that work was already underway.

The $1.1 billion factory is expected to be producing the Tesla Cybertruck and Model Y by late 2021.

There are still a few more steps for the company—Tesla will need city and county approvals as further development gets underway—but a city staffer said July 16 that the company is allowed under existing permits to begin reclamation work, which "would be the first step in preparing the site for future development."

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Austin may soon be home to a tech plant that would dwarf the Tesla Gigafactory in both investment and job creation.

Samsung Electronics Co. is considering starting construction on a $10 billion memory chip plant in Austin as soon as this year, Bloomberg reported Friday.

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The California exodus has made headlines for several years now, and even more recently, with thousands of West Coasters seeking tax relief, less-expensive real estate and a simpler lifestyle in Texas' capital city.

However, a California man's scathing review of Austin, which was published in Business Insider on Wednesday, reveals that some are less than satisfied with their move.

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