Tesla considering building its next factory in Austin

Austin

AUSTIN (KXAN) — Austin is in the running to be the site of Tesla’s next factory, according to CNBC.

Tesla may also be evaluating other locations for the Gigafactory, CNBC reported. Tulsa in Oklahoma is reportedly another location being considered.

In a separate report, a source close to Tesla CEO Elon Musk told Electrek that the capital of Texas will definitely be the location of the new Gigafactory, the company’s fifth.

Electrek reported that those close to the project say Musk has asked a team of engineers from the Nevada Gigafactory to begin drawing up plans for the new Austin location.

Musk reportedly wants development of the new factory to happen very quickly.

Tesla sources told Electrek that Musk wants the factory to have Tesla Model Ys coming out of the plant by the end of this year.

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