Austonia AM
×
becomeMemberIcon

become a member

(Mike Mareen/Adobe)

The Cybertruck pickup and the Model Y will be produced at the Austin Tesla factory.

The Austin metro will soon be home to a $1.1 billion Gigafactory, Tesla founder and CEO Elon Musk announced during the company's quarterly earnings update on Wednesday.


"We're going to make it a factory that's going to be stunning," he told investors, adding that construction is "already underway."

As proposed, the factory will be located on a 2,000-acre site in Southeast Travis County. It will provide at least 5,000 jobs and produce the Cybertruck pickup and the Model Y, a midsize SUV.

(Google Maps)

Both Del Valle ISD and Travis County offered Tesla tax rebates to build the factory in their jurisdictions. In exchange for significant long-term incentives, Tesla agreed to a minimum wage of $15 an hour for all factory employees, including construction workers.

The proposed factory site has been owned for years by the construction supplier Martin Marietta and used for a sand and gravel mining operation.

The finished factory will include a public-access boardwalk along the Colorado River, Musk said. "It's going to basically be an ecological paradise."

On Twitter, Mayor Steve Adler said that the factory will bring an "economic boost" to East Austin, while Gov. Greg Abbott welcomed the company.



Tesla had support for the factory during the months of negotiation that preceded the announcement, but not from everyone.

Residents and union members raised concerns during public hearings about Tesla's track record of worker safety and adherence to incentive agreements.

This story is developing and will be updated.

Want to read more stories like this one? Start every day with a quick look at what's happening in Austin. Sign up for Austonia.com's free daily morning email.
 
From Your Site Articles
Related Articles Around the Web

Popular

(Stubb's Austin/Instagram)

After a long, long year without live music, Austin has waited patiently for a return that has finally come. Festivals are planning returns and even venues that adhered strictly to safety protocols during the pandemic are feeling safe enough to gather again in person.

Starting in just a few short days, you can finally enjoy what makes Austin, well, Austin again. Here are a few of the live shows to look forward to.

Keep Reading Show less

We asked you what you wanted and you told us. More newsletter!

Austonia launched its new and improved newsletter today. You can expect:

  • 100% Austin news, info and entertainment
  • Sent straight to your inbox at 6 a.m. every morning
  • In 5 minutes or less, you're fully informed and ready for a great day

Sign up here:

(Dolce Neve)

For Marco Silvestrini, gelato takes him back to his childhood when he and neighborhood kids in a small Italian town would end their day at the local gelato shop. It was part of what made some of the best memories for him.

Keep Reading Show less