Tesla Reports A Cost Of $ 1 Billion For A New Plant In Texas And Plans To Complete It By The End Of The Year.
Tesla CEO Elon Musk previously announced plans to start restricting production of the Model Y midsize SUV this year.
Tesla plans to spend more than $ 1 billion (around 744 billion rupees) on a new plant in Austin, Texas, and plans to complete construction by the end of this year, state agencies say from Texas.
A complaint filed with the Texas Department of Supervision and Regulation (TDLR) on Friday reveals how much Tesla has spent on production capacity at its Austin plant. The company said it plans to complete construction of the assembly, painting, molding, stamping and bodywork offices by December 31.
According to the data, the total area of the five buildings is about 4.3 million (0.4 km²) and the total cost is 1.06 billion (about 790 billion rupees). Electric vehicle news company Electrek released its first data on Monday.
TDLR manages and licenses a wide variety of industries, facilities and equipment. The Tesla Case was created as part of the Institutional Building Barrier Project, which monitors and evaluates operations to comply with Texas access rules.
The agency did not immediately respond to a request for comment.
Tesla CEO Elon Musk previously said the company plans to start restricting production of the Y midsize SUV this year and start production next year.
Construction of the new Teslas factory, near the airport in southeast Austin, is expected to cost $ 1.1 billion (around Rs 820 billion) and will begin in summer 2020. The company expects to receive nearly $ 65 million (approximately $ 65 million). ). 485 million), Tesla said it would create around 10,000 jobs.
The construction crew can see the main plant’s day and night work, and the plant is expected to be 0.75 miles (1.21 km) long when complete.
Tesla also announced that it will be moving its headquarters from California to Austin, Texas.
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