Giant cowboy boots are on display outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” kick-off party on April 7, 2022 in Austin, Texas.
Suzanne Cordeiro AFP Getty Images
Tesla has been registered with the state of Texas to expand the factory of electric vehicles in Austin this year.
A January filing with the Texas Department of Licensing and Registration shows that Tesla plans to spend more than $770 million on the construction of facilities there, including for testing and manufacturing battery cells, manufacturing cathode and drive units, and dead shops, among others.
The Austin Business Journal previously reported on Tesla’s plans and filings.
The Elon Musk-led automaker officially opened its Texas electric vehicle and battery plant in April 2022, holding a “cyber rodeo” party for shareholders and fans there. Today, Tesla builds some of its model Y utility vehicles in Austin, and plans to mass-produce the sci-fi Cybertruck, an unconventional pickup, there as well.
After the company first opened its Austin factory, and another vehicle assembly plant outside Berlin in Germany, CEO Elon Musk called the two facilities “giant money furnaces,” in an interview with Tesla Owners Silicon Valley.
