Tesla to build new plant near Austin, Texas

Business
  • 23 July, 2020
  • 06:12
Tesla to build new plant near Austin, Texas

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.