Tesla investing $770 million to expand Austin plant
Jan. 17, 2023
The planned expansion could increase Tesla’s facility to 5.6 million square feet.
CNBC is reporting that Tesla will be spending $770 million to expand its Austin, Texas, facility. Tesla’s filings with the Texas Department of Licensing and Registration shows that the company’s expanded facility will include “battery cell testing and manufacturing, cathode and drive unit manufacturing, and a die shop.” According to the Austin Business Journal, the planned expansion could increase Tesla’s facility to 5.6 million square feet.
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
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