Tesla: the new factory in Texas will guarantee the creation of 120,000 jobs

Tesla: the new factory in Texas will guarantee the creation of 120,000 jobs

Tesla

The decision to move the headquarters from California to Texas represents only the first step of a much more articulated strategy by Tesla. The American company is preparing a maxi-investment for its new Texan Gigafactory, which is being completed in Austin. The confirmation came directly from Elon Musk who unveiled future plans for the company's operations in Texas.

Musk, via his Twitter account, has confirmed that, over time, Tesla will invest over 10 billions of dollars in the Gigafactory in Texas. The investment will give life to a new production center which is fundamental for Tesla's activities and, above all, will guarantee the creation of 20,000 jobs to which 100,000 jobs will be added. Overall, therefore, 120,000 jobs will be generated.

Giga Texas is a $ 10B + investment over time, generating at least 20k direct & 100k indirect jobs

- Elon Musk (@elonmusk) December 16, 2021



The numbers revealed by Musk regarding the jobs generated by the new factory are much higher than previous estimates. In the past, in fact, Tesla had anticipated the possibility of generating about 10 thousand direct jobs with the new Gigafactory.

Tesla's Texan Gigafactory will be fundamental for the future. The Tesla Model Y, one of the reference models in the company's range, will be produced in the plant. It should also be noted that the site will also host the production of what is probably Tesla's most anticipated model of the future (at least as far as North America is concerned), the new Tesla Cybertruck. The pickup will go into production late next year.

The new Austin plant will run alongside the Fremont, California plant, which can produce 500,000 vehicles per year. With the Texas factory fully operational, Tesla's production capacity in the US will double.