Tesla is planning a $770 million expansion of its Texas Gigafactory
The Austin-based factory is scheduled to begin manufacturing the Tesla Cybertruck sometime later this year.The Texas Gigafactory, constructed last year, serves as the Tesla global headquarters and is the “equivalent to three Pentagons,” according to Tesla CEO Elon Musk.Electric vehicle manufacturer Tesla has notified the state of Texas of its plans to spend upward of $770 million expanding its already immense Austin-based factory.
According to registration documents filed on January 9th with the Texas Department of Licensing and Regulation (
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