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Tesla Is Negotiating “Possible Incentives” For Texas Factory

A new report says that Tesla is negotiating “possible incentives” with Travis County, Texas, in hopes of bringing a new factory to the area. It could be Gigafactory 5 or even Terafactory 1.

A new report says that Tesla is negotiating “possible incentives” with Travis County, Texas, in hopes of bringing a new factory to the area. It could be Gigafactory 5 or even Terafactory 1.

Either way, it’s exciting watching Tesla slowly taking over. The Austin American-Statesman reported that the Travis County Commissioners Court is scheduled to discuss terms of the deal today (Tuesday) and cited “people with knowledge of the situation.” Following that, a vote is expected in the coming weeks.

It isn’t clear whether or not negotiations show that Tesla chose the Austin area or if Tesla was also still negotiating with Tulsa, Oklahoma, for a site there. Wherever it may be, this new factory will build my Tesla Cybertruck and the Tesla Model Y. It will employ thousands of people as well.

Some speculate that these negotiations have something to do with the fact that Texas is one of the states that does not allow direct sales of Tesla vehicles. This means that one can not go to a Tesla store in the mall or elsewhere to purchase a Tesla. There is a way around this, which is buying online and having it delivered to a nearby delivery center. Tesla having a factory in the state would be a good thing for Texas’s image as well. Texas is known for being an oil state, but what isn’t as well known is that it’s now also a green energy leader.

Texas leads the nation in wind power. It has 25 gigawatts of wind power capacity installed. If Texas was a country, this stat would have made it the 5th biggest wind country in the world. Texas is also a leader in the solar industry, currently 4th in the nation.

I think that both Tulsa and Austin are prime spots for a gigafactory or terafactory, and here’s my hunch (I could be wrong): I think Tesla may use both sites. One would be the new Gigafactory 5 and one would be Terafactory 1. We’ll see — I could be way off on this.

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Written By

Johnna owns less than one share of $TSLA currently and supports Tesla's mission. She also gardens, collects interesting minerals and can be found on TikTok


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