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https://www.everythinglubbock.com/news/latest/tesla-picks-texas-site-for-second-us-vehicle-assembly-plant/ Tesla picks Texas site for second US vehicle assembly plant Electric car maker Tesla Inc. has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers. The new factory ... 2 hours ago https://sanangelolive.com/news/business/2020-07-22/elon-musk-picks-texas-build-electric-vehicles San Angelo LIVE! Elon Musk Picks Texas to Build Electric Vehicles Tesla's Gigafactory Texas will keep the Texas economy the strongest in the nation and will create thousands of jobs for hard-working Texans. I look forward to the ... https://sanangelolive.com/sites/default/files/styles/i640x360/public/field/image/abbottmusk.jpg?itok=e8I-N0d_ 2 hours ago https://www.kxxv.com/hometown/texas/tesla-selects-texas-as-sight-for-new-electric-vehicle-manufacturing-facility KXXV News Channel 25 Tesla selects Texas as site for new electric vehicle ... Tesla is officially making its way to Texas! Governor Greg Abbott announced Tesla has selected southeast Travis County for its new electric vehicle ... 3 hours ago Business Insider Tesla confirms Austin, Texas, for new Cybertruck factory Tesla will build its newest factory in Austin, Texas, the company said ... for more than $65 million in tax rebates over 10 years won over the electric-car maker. 44 mins ago The Center Square Tesla announces new Cybertruck Gigafactory is being ... (The Center Square) – Tesla has selected Texas as the location for its next U.S. ... will build its upcoming all-electric Cybertruck and Model 3/Model Y vehicles. 1 hour ago Ars Technica Tesla picks Texas, will redesign Model Y for European ... Indeed, no other company can currently match Tesla when it comes to the efficiency of electric powertrains. The Chinese chemistry change will happen in 2020, ... 1 hour ago U.S. News & World Report Tesla Makes $104M Profit in 2Q Despite Factory Shutdown It was the electric car and solar panel maker's fourth-straight profitable quarter, ... Also Wednesday, Tesla said it has picked the Austin, Texas, area as the site for ... 1 hour ago Best gaming pro Cybertruck: Musk Announces Tesla Factory in Austin, Texas Tesla CEO Elon Musk introduced Wednesday in an earnings name that the electrical automobile firm is at present constructing a manufacturing unit ... Greg Abbott stated: “Tesla's Gigafactory Texas will preserve the Texas financial system the ... 1 hour ago Forbes Tesla's Next Gigafactory Will Be In Austin, Texas, And Musk Says It Will Be 'Stunning' Tesla CEO Elon Musk said Wednesday the electric car company's next factory will be built in Austin, Texas. US-AUTOMOBILE-TESLA-CYBERTRUCK. 1 hour ago MarketWatch Tesla stock soars more than 5% after company reports ... Tesla stock soars more than 5% after company reports surprise Q2 profit, on track ... and announcing the Austin, Texas, area as the site of Tesla's future second U.S. ... Tesla Semi, the company's long-haul electric truck, is also slated for 2021. 1 hour ago Elon Musk Picks Texas to Build Electric Vehicles ... in southeast Travis County—an electric vehicle manufacturing facility that will create at least 5,000 new jobs and generate over $1 billion in capital investment. 2 hours ago The New York Times Tesla Selects Texas as Site for Cybertruck Factory (Reuters) - Tesla will build its $1.1 billion Cybertruck factory near Austin, Texas, ending an intense competition with neighboring Oklahoma, the electric ... 2 hours ago Spectrum News Tesla Selects Austin For New Manufacturing Plant AUSTIN, Texas — Tesla has selected Austin as the location for its next electric vehicle assembly plant. What You Need To Know. This will be Tesla's second ... 2 hours ago Austin American-Statesman Tesla picks Austin for $1 billion auto factory - Business Wages at the factory — to be located on 2,100 acres off Texas 130 and Harold ... It will produce the electric vehicle maker's upcoming Cybertruck electric pickup, ... 2 hours ago Morningology Tesla's profit sets up S&P 500 entry, while Musk pushes for ... Tesla's profit sets up S&P 500 entry, while Musk pushes for growth. Jul 22 ... a hurdle that could lead to the electric carmaker's inclusion in the S&P 500 index <. ... Musk said on a conference call on Wednesday that Travis County, Texas, which ... 2 hours ago Reno Gazette-Journal Tesla picks Austin, Texas as next factory location In one of the largest economic development projects in Austin's history, electric automaker Tesla says it will build a $1.1 billion assembly plant in Travis County ... 2 hours The Dallas Morning News Texas wins Tesla's new US assembly plant, with Elon Musk ... The high-flying electric carmaker Tesla will build its largest U.S. assembly plant near Austin, creating what CEO Elon Musk describes as “an ecological paradise” ... 2 hours ago Crossroads Today Governor Abbott welcomes Tesla to Texas ... following statement after Tesla announced the construction of Gigafactory Texas in southeast Travis County—an electric vehicle manufacturing facility that will ... 2 hours ago KTRE Tesla to build new factory, create 5K jobs in Travis County Governor Greg Abbott today issued the following statement after Tesla announced the construction of Gigafactory Texas in southeast Travis County—an electric ... 2 hours ago American Inno Tesla picks Austin for massive Cybertruck factory Electric car giant Tesla is adding to its Austin operations in a huge way. ... a tweet Musk sent in February asking his followers a simple question: “Giga Texas? 2 hours ago Fresno Bee Tesla picks Austin, Texas for new $1 billion auto factory The new electric vehicle manufacturing plant will be located in southeast Travis County and is expected to create at least 5,000 new jobs. Tesla CEO Elon Musk ... 2 hours ago Torque News Breaking News! Tesla Picks Texas As Its Cybertruck Factory ... One angle we love is that Texas was the state that pushed back on Tesla's ... In the 1990s, he was part of a team that built a solar-electric vehicle from scratch. 2 hours ago Business Insider India It's official — Tesla picks Austin, Texas as the location for its ... In the end, however, Travis County and a local school district's deal for more than $65 million in tax rebates over ten years won over the electric car maker. "It's ... 2 hours ago San Angelo LIVE! Elon Musk Picks Texas to Build Electric Vehicles Tesla's Gigafactory Texas will keep the Texas economy the strongest in the nation and will create thousands of jobs for hard-working Texans. I look forward to the ... 2 hours ago Digital Trends Cybertruck: Musk Announces Tesla Factory in Austin, Texas Tesla CEO Elon Musk announced Wednesday in an earnings call that the electric car company is currently building a factory in Austin, Texas, for its highly ... 3 hours ago TheStreet Tesla Confirms New Gigafactory in Texas Tesla is building a new factory in Texas, CEO Elon Musk announced on its ... For the second quarter, the electric carmaker posted sales of $6.04 billion and ... 3 hours ago TechCrunch Tesla picks Austin for its next US factory to build Cybertruck ... Tesla has picked a site near Austin for its next U.S. factory, a 4- to 5-million square ... Nevada, which produces battery packs and electric motors for the Model 3, as well ... Tesla has promised Texas officials it will employ at least 5,000 people. 3 hours ago KVUE.com Tesla picks Austin, Texas for $1 billion 'gigafactory' AUSTIN, Texas — Make room, Austin. Tesla is coming to town. The electric automaker will build a $1.1 billion assembly plant in Travis County, according to a ... 3 hours ago Yahoo Finance Elon Musk says next Tesla Gigafactory will be near Austin ... The official announcement of Texas as the location for Tesla's next ... of offering Tesla millions of dollars in potential tax breaks, if the electric car-maker chose to ... 3 hours ago CNET Tesla chooses Austin for Cybertruck and Semi production ... ... made a decision on where to put its next US-based Gigafactory: Austin, Texas. ... Tulsa, Oklahoma was the other city Tesla was considering for its Gigafactory. ... The measures did indeed pass, to the tune of $65 million for the electric ... 3 hours ago Yahoo Finance Elon Musk says next Tesla Gigafactory will be near Austin ... The official announcement of Texas as the location for Tesla's next ... of offering Tesla millions of dollars in potential tax breaks, if the electric car-maker chose to ... 3 hours ago Reuters Tesla reports quarterly profit, opening door to S&P 500 as ... Tesla reports quarterly profit, opening door to S&P 500 as shares rise ... a hurdle that could lead to the electric carmaker's inclusion in the S&P 500 index . ... as soon as the third quarter, with Texas' Travis County and Oklahoma's city of Tulsa ... 3 hours ago FOX 7 Austin Tesla picks Austin for second US vehicle assembly plant Texas Governor Greg Abbott released the following statement following the news that Austin had been chosen by the American electric vehicle and alternative ... 3 hours ago Sputnik International Tesla Announces Texas Site as Location of Company's New ... American electric vehicle and alternative energy company Tesla will build its newest Gigafactory near Austin, Texas, Chief Executive Elon Musk announced ... 3 hours ago Teslarati Tesla selects Texas as home to its next US factory Billed as Tesla's “Cybertruck Gigafactory”, the facility will be the main production plant for its upcoming all-electric Cybertruck and Model 3/Model Y vehicles for ... 3 hours ago Talk Radio 1210 WPHT Tesla picks Austin site for new factory AUSTIN (Talk1370.com) -- Tesla has officially picked the Austin area as the site for ... will produce the company's upcoming Cybertruck electric pickup as well as its ... Tesla's Gigafactory Texas will keep the Texas economy the strongest in the ... 3 hours ago Business Insider Tesla has chosen site for new US factory: Austin, Texas At first, the electric-car maker did not disclose the site's location. But after this story was published, Tesla said the factory will be built in Austin, Texas. Are you a ... 3 hours ago Axios Tesla announces new Austin factory after pulling in $104 ... Tesla CEO Elon Musk announced on an earnings call Wednesday that the company would build a second U.S. factory on 2,000 acres near Austin, Texas, where ... 3 hours ago Tesla confirms 'next US Gigafactory site has been selected ... Tesla has confirmed that “the next US Gigafactory site has been selected” in its ... move fast with hopes to have a general assembly line for Model Y in Texas by the ... that includes significant tax breaks for the $1 billion electric vehicle factory. 3 hours ago https://www.cnet.com/roadshow/news/tesla-gigafactory-austin-tulsa-cybertruck-semi/ Tesla chooses Austin for Cybertruck and Semi production July 22, 2020 Tesla's new Gigafactory will officially be built in Texas. Tesla confirms it has a US Gigafactory location, but won't say ... We know Tesla asked the Texas-based city to pass a chunk of tax breaks, ... The measures did, indeed, pass to the tune of $65 million for the electric carmaker. 4 hours https://www.nwaonline.com/news/2020/jul/16/texas-county-pursues-tesla-plant/ Texas county pursues Tesla plant Tax incentives approved in bid to attract electric-truck site July 16, 2020 Texas is moving forward with efforts to woo Tesla Inc. and lure its next electric-vehicle factory after commissioners in Travis County voted Tuesday to approve a ... https://wehco.media.clients.ellingtoncms.com/img/photos/2020/07/16/resized_150246-1d2tesla0716_27-29956_t800.jpg?90232451fbcadccc64a17de7521d859a8f88077d https://www.theday.com/article/20200717/OP01/200719528 Attracting a big manufacturer, Texas style July 17. 2020 Travis County commissioners have approved a nearly $15 million incentive package to bring the electric car and truck company to Texas. But those sweeteners, hinged on Tesla building a $1.1 billion ... https://theresurgent.com/2020/07/15/tesla-eyeballs-texas/ Tesla Eyeballs Texas July 15th, 2020 Tom Searl Travis County, Texas, which includes the city of Austin, approved a tax incentive deal for the electric automaker Tesla to open up a new production facility in their county. This deal amounts to a $14.7 million tax break over a period of ten years if certain milestones are reached. These milestones? Well, the company, led by Elon Musk, must invest $1.1 Billion in the new facility within five years. Once they reach that, the county will issue a tax rebate of 70%. Once that benchmark is reached, there will be an increase to 75% moving forward. As added incentive, this tax deduction increases to 80% once $2 billion in investments is reached. News of this incentive on the part of the Texas County helped to push Tesla stock higher by 3.5%. This coming after an already stellar year in the stock market that made the electric automaker the most valuable in the world. While local governments are usually happy to welcome new businesses into their community, Travis County may have had a little extra incentive to offer these tax breaks at this time. Due to the pandemic and the nationwide economic disaster caused by it, the unemployment rate of that county currently sits at 12% compared to just 2.2% just a year ago. A full-scale auto manufacturing facility would go a long way toward reversing that. Tesla estimates that 5000 people will be employed by the facility by the time its ready to go. These workers will be low skilled and receive an estimated salary of more than $40,000 a year. Not only is Travis County, TX offering an incentive, but Tulsa, OK is being considered for this new facility and has offered its own incentive package as well. There are a few things to note in this story. First, local taxes can indeed be a contributing factor when it comes to businesses deciding where to set up shop. This is especially true when it comes to larger national or international corporations. For these companies, the first thing they look at with every decision every day is the bottom line. While many may attribute this to greed, the fact is the decision makers are not acting on their own behalf in these multi-billion-dollar companies, they’re acting on behalf of shareholders. And in today’s economy, shareholders are not just a bunch of other rich guys. The majority of them are average Joes like you and me. In many cases, these investments are what these average Joes are relying on for their retirement. So, when it comes time to decide where to open up the newest facility, a region that takes a 15% cut out of the bottom line is much more attractive than a region that takes a 30% cut. Many in our country have lost sight of this. I’m reminded of the recent decision in Seattle to lay new taxes on Amazon. Or the situation in New York not to long ago when Amazon wanted to open a new facility there but ended up being chased out of town by those who were opposed to the tax incentives the city offered. While these taxes aren’t the only factor companies consider, and while other factors can make up for higher tax rates, they are a consideration and can be a big consideration under the right circumstances. It would be good for citizens to remember this when they vote for city or county officials who may be in the place of offering these incentives. These decisions can be the deciding factor in new, good paying jobs coming into an area. Finally, as the world’s most valuable automaker, Tesla continues to expand its operations right here in the good old U.S. of A. America’s distinction as the worlds leader in car manufacturing has long been in question. Our largest automaker, G.M. has been eclipsed by foreign competitors such as Toyota and Volkswagen. Even our traditional car manufacturers have offshored much of their operations to other countries. Yet Tesla continues to buck that trend and open up facilities in America and employ American workers. As the company continues to grow and innovate in the electric vehicle industry, the crown of leading the world in auto manufacturing may very well return to America. However, you look at it, the future of Tesla looks a little brighter today. And the future of Travis County, Texas can look a little bright as well. [© theresurgent.com] https://www.thecentersquare.com/texas/texas-looking-to-beckon-tesla-with-more-favorable-regulatory-environment-tax-structure/article_dd00e960-bf8b-11ea-ba46-e3288d3c109c.html Texas looking to beckon Tesla with more favorable regulatory environment, tax structure July 6, 2020 “One thing Texas has been struggling with is property taxes levied by local governments,” DeVore said. “The Legislature in 2019 put the brakes on local entities that had been increasing their revenue from property taxes.” ... Neighboring Hays, Caldwell or Williamson counties are more conservatively governed and could prove more appealing ... “Tesla could save 32 percent on operating costs, not just on expenses, but taxes, regulatory and labor costs ... In Texas, a right-to-work state, Tesla would not have to contend with labor unions as they have in California ... + https://www.manufacturing.net/automotive/video/21140343/tulsa-still-in-play-for-teslas-new-gigafactory Tulsa Still in Play for Tesla’s New Gigafactory Jul 16th, 2020 ... Oklahoma's governor was pitching Tesla before testing positive for COVID-19 ... bThe production facility will start with 5,000 to 7,000 new jobs and make Tesla's electric Cybertruck and Model Y SUV. Tulsa has done much to lure Tesla, from repainting a statue to look like CEO Elon Musk, to offering employees free pizza ... 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