Tulsa isn’t playing around when it comes to enticing Tesla and Elon Musk. “We really want Tesla bad. We really, really, really want them and are going to do everything we possibly can to lure them here,” Tulsa’s Regional Chamber President and CEO, Mike Neal, said.
Giga Austin Approved Tax Incentives & Land Use
Last month, Tesla submitted an application with the Del Valle Independent School District for its possible gigafactory there and requested $68 million in tax incentives. On Thursday, Del Valle ISD approved those tax incentives. This will allow Tesla to build a 4 to 5 million-square-foot facility on the school district’s land. The location, KXAN noted, will be at the intersection of State Highway 130 and Harold Green Road and will be situated on around 2,100 acres.
If Tesla chooses the Austin area, there will be almost $1.1 billion in investments expected, which would make this possibly the largest Austin economic development project in a generation. If all approvals are fast-tracked by no later than July 31, Tesla could begin construction soon. Knowing Tesla a bit, I think it would be mid-August at the latest. Austonia asked a source familiar with Tesla’s way of doing business and the answer was that for every day of lost production, there is lost revenue. “It’s just the way business looks at it.”
Ed Latson, executive director of the Austin Regional Manufacturers Association, told Austin Business Journal in a statement, “Tesla opening a factory in Southeast Austin will be transformative for Central Texas by adding another layer of diversification and resilience to our economy. It will create high-paying jobs that provide opportunity to all educational backgrounds, from PhDs to GEDs. And it should be a magnet for an entire ecosystem of businesses and suppliers that support automotive plants and their employees.”
Seeing pizza as another enticement from Tulsa may have you a bit hungry, but seeing two American cities and states recognize the value of Tesla, an electric carmaker, battle for the next gigafactory is refreshing. Especially since both states are well known oil states. Although both are getting their feet planted in green energy initiatives, the reputation of being associated with big oil is a hard one to shake. Having a Tesla gigafactory in your state will definitely help shake that reputation. Whichever state wins, it will be a win not just for clean energy or the state alone, but for America. Tesla is a job creator as well as a leader when it comes to pushing technology forward. Any state should be proud to have Tesla as one of its job creators.
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