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Aug 10 2020

Tesla Paid Almost $100 Million to Buy Texas Land in Austin for Gigafactory

 

After a very long process of approval from the local government. Tesla has paid a price of a hundred million dollars to buy a large piece of land where Tesla will build its gigafactory in Texas in Austin. Tesla has announced this news last month that they have selected a location outside of Austin to build the biggest factory in the US. The 2,000-acre land give Tesla great potential to expand their business and increase the rate of productive against Tesla Competitors. Moreover, Heavy Machinery has been spotted seven days a week on the site last month preparing the large part of the site for construction.



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