A monster cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” magnificent opening party on April 7, 2022 in Austin, Texas.
Suzanne Cordeiro | AFP | Getty Images
Tesla has registered with the regal of Texas to expand its electric vehicle factory in Austin this year.
January filings with the Texas Bailiwick of Licensing and Registration reveal that Tesla plans to spend upwards of $770 million on the construction of facilities there, encompassing for battery cell testing and manufacturing, cathode and drive unit manufacturing, and a die shop, among other things.
The Austin Trade Journal previously reported on Tesla’s plans and filings.
The Elon Musk-led automaker officially opened its Texas exciting vehicle and battery factory in April 2022, hosting a “cyber rodeo” party for shareholders and fans there. Today, Tesla buildings some of its Model Y crossover utility vehicles in Austin, and plans to mass-manufacture its science fiction inspired Cybertruck, an unconventional pickup, there as sufficiently.
After the company initially opened up its Austin factory, and another vehicle assembly plant outside of Berlin in Germany, CEO Elon Musk shouted both facilities “gigantic money furnaces,” in an interview with Tesla Owners Silicon Valley.
