Tesla Has Option to Purchase Land in Texas for Next Gigafactory: Musk



Tesla property purchase texas reinvestment zone e1592501674955

Image via Teslarati

Reports have whittled down the selection of Tesla’s next Gigafactory to Texas, and new documents reveal Tesla has options to purchase land in the Lone Star State.

According to Teslarati, a recent application from the Texas Comptroller’s office details Tesla’s plans for developing its next factory at a 2,100-acre plot outside of Austin, a site which would be ten times the size of Giga Shanghai.

“Tesla Inc is evaluating the possible development, design, and construction of a high tech electric vehicle manufacturing plant in Travis County within the Austin Green property located at the intersection of SH-130 and Harold Green Road. Attached is an exhibit that shows the planned layout of the facility on the site and is subject to confidentiality assertions above,” says the 86-page application.

Originally, Teslarati reported Tesla had purchased the land, but CEO Elon Musk replied on Twitter, “Tesla has an option to purchase this land, but has not exercised it.”

Tesla has Gigafactories in Shanghai, Berlin, Nevada, and New York to go with its Fremont factory in California. A new Gigafactory in Texas would presumably make Tesla’s Cybertruck and Model Y compact SUV.


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