Tesla paid $97M for factory site in far East Austin, seller reveals

[TruckElectric]

Tesla paid $97M for factory site in far East Austin, seller reveals


Source : AUSTIN BUSINESS JOURNAL

 

[Yakuza]

And they’re going to pour over 10x into it. Smart that this factory will produce several high volume vehicles. Can’t wait to see it.

 

[MEDICALJMP]

$48,000 an acre, for industrial land. Holy moly.

 

[alan auerbach]

$48,000 an acre, for industrial land. Holy moly.

Tesla just got land from the seller, but from the government(s) they got massive tax abatements.