Tesla to build new plant near Austin, Texas
Business
- 23 July, 2020
- 06:12
Add Report.az to preferred Google sources
Stay up to date with the top news!
Tesla is heading to Texas to build its largest auto assembly plant, CEO Elon Musk announced during the electric car company's Q2 earnings call on Wednesday, Report informs, citing CNBC News.
The factory will be in Travis County, near Austin, and will employ at least 5,000 people with a minimum wage of $15 per hour, according to the Associated Press. Tesla has said it will invest $1.1 billion.
According to Musk, the area of the project will be nearly 800 hectares.
Latest News
14:21
Hollywood star of 1960s Elke Sommer dies at 85
Other countries
14:15
Azeraluminium's export revenues surge by nearly 60%
Industry
14:10
Mahmoud Abbas arrives in Cyprus for talks with Christodoulides
Other countries
13:55
Russian strike on railway station in Dnipro kills 13
Other countries
13:47
Taleh Kazimov: Number of depositors and bank deposits growing in Azerbaijan
Finance
13:41
Kazimov: CBA to support banking sector consolidation if pursued next year
Finance
13:34
AzerGold's export revenues rise by more than 31%
Industry
13:31
Pashinyan: Armenia's Declaration of Independence has an anti-state character
Region
13:28
CBA: No plans to impose new restrictions on Bank Melli Iran's operations
Finance