A giant cowboy boot is displayed outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening party on April 7, 2022 in Austin, Texas.
Suzanne Cordeiro | AFP | Getty Images
Tesla It has registered with the state of Texas this year to expand its electric vehicle factory in Austin.
January filings with the Texas Department of Licensing and Regulation show Tesla plans to spend more than $770 million on building facilities there, which include batteries. cell test And Production, cathode And drive unit construction, and a die shop, among other things.
Austin Business Journal previously reported on Tesla’s plans and filing.
Elon Musk-led automaker officially opened its Texas electric vehicle and battery factory in April 2022, hosting a “cyber rodeo” party for shareholders and fans there. Today, Tesla builds some of its Model Y crossover utility vehicles in Austin, and plans to mass-produce its science fiction-inspired Cybertruck, an unconventional pickup.
After the company initially opened its Austin factory outside Berlin and another vehicle assembly plant in Germany, CEO Musk called both facilities “giant money furnaces,” in an interview with Tesla Owners Silicon Valley.