Business Standard

Tesla homes in on Austin and Texas for location of Cybertruck site

The company has filed an application with an Austin-area school district in Travis County seeking a tax abatement, according to publicly filed documents.

Unveiling the Cybertruck, Elon Musk took potshots at its mainstream rivals, but his comments backfired 	Photo: Twitter
Premium

Musk, Tesla’s chief executive officer, announced in March the Silicon Valley-based carmaker has begun scouting for sites to produce its Cybertruck, which is still in development, and Model Y crossover for customers on the East Coast.

Bloomberg
Tesla Inc. is zeroing in on an area in southeast Austin, Texas, for the electric-car maker’s second US auto factory as Elon Musk prepares to choose a site for production base of a new pickup truck.

The company has filed an application with an Austin-area school district in Travis County seeking a tax abatement, according to publicly filed documents. Musk, Tesla’s chief executive officer, announced in March the Silicon Valley-based carmaker has begun scouting for sites to produce its Cybertruck, which is still in development, and Model Y crossover for customers on the East Coast.

“Tesla is evaluating the possible

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 19 2020 | 2:09 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com