Wednesday, September 28, 2022
News Tesla Is Welcomed In Texas As Some Taxes Incentives Are Approved

Tesla Is Welcomed In Texas As Some Taxes Incentives Are Approved

Some tax breaks approved for Tesla’s upcoming Giga Texas factory.


  • Tesla is only a step or two away from building Giga Texas.

  • Both the Cybertruck and the Model Y will be assembled here.


Tesla is almost done shopping for the location of its next factory. With a local school district approving a tax incentive, all that remains is the next level of local government do act accordingly before Tesla can break ground near Austin, Texas.

The Tesla Cybertruck Will Undertake A Coast-To-Coast Road Trip Later This Year

Although these negotiations may seem complex, the fact of the matter is that the local layers of government are negotiating tax breaks that they would otherwise not receive if a business does not set up shop in the area. They are in fact no losing anything, only putting off revenue. For the Del Valle Independent School District in Travis County, as reported by electrek, they’ve agreed to a $50 million tax relief for the next ten years.

Tesla Cybertruck
Tesla Cybertruck | Photo: Tesla

Tulsa, Oklahoma, was and may still be in the running however it seems likely that Travis County has taken the lead. Tesla also had an option on a 2,100 acres plot of land near Austin recently. The Tesla Cybertruck Gigafactory, or what is also codenamed the Colorado River Project, will be equipped to build the Cybertruck as well as the popular Model Y SUV.

Tesla Cybertruck
Tesla Cybertruck | Photo: Tesla

Tesla Model Y – Tesla

Trending Now

Last Lamborghini Aventador Leaves Sant’Agata Factory

Lamborghini's best-selling V12 says farewell Last car is a 780-4 Ultimae Roadster in custom blue Is it a vent? Is it a door? All...

A Slight Restyle for the 2023 Toyota Corolla Hatchback

Toyota has just made the first major changes to its Corolla Hatchback lineup for 2023. Recall that Toyota had already revealed its plans for...

Porsche Could be Working on a Three-Row Electric SUV

This model would be positioned above the Cayenne in the automaker’s lineup Descriptions of this model say it could be part-sedan, part crossover ...

The SVH Tundar is a Ridiculous Chinese Copy of the Toyota Tundra

SVH is short for Sino Vehicle Hub. This mini pickup is called the Tundar – that’s not a typo. Over the years, there have...

Nearly 75% of Potential EV Buyers Still Want the Dealership Experience

The result of the survey is that buyers want both in-person and online shopping options. More than half of those surveyed think the...
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.