Tesla plans to spend more than $770 million on Texas factory expansion

Tesla has registered with the authorities of Texas to grow its electrical conveyance mill successful Austin this year.

January filings with the Texas Department of Licensing and Registration uncover that Tesla plans to walk upwards of $770 cardinal connected the operation of facilities there, including for artillery cell testing and manufacturing, cathode and drive unit manufacturing, and a dice shop, among different things.

The Austin Business Journal antecedently reported connected Tesla's plans and filings.

The Elon Musk-led automaker officially opened its Texas electrical conveyance and artillery mill successful April 2022, hosting a "cyber rodeo" enactment for shareholders and fans there. Today, Tesla manufactures immoderate of its Model Y crossover inferior vehicles successful Austin, and plans to mass-manufacture its subject fabrication inspired Cybertruck, an unconventional pickup, determination arsenic well.

After the institution initially opened up its Austin factory, and different conveyance assembly works extracurricular of Berlin successful Germany, CEO Elon Musk called some facilities "gigantic wealth furnaces," successful an interrogation with Tesla Owners Silicon Valley.