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Dec 16 (Reuters) – Tesla Inc Chief Government Officer Elon Musk mentioned on Thursday that the electrical carmaker’s new automobile manufacturing unit in Austin, Texas would contain an funding of greater than $10 billion over time.
Public filings final month confirmed that the corporate was planning to spend greater than $1 billion on the manufacturing unit and meant to finish its development by the tip of this yr.
In a on Thursday, Musk mentioned “Giga Texas is a $10B+ funding over time, producing no less than 20k direct & 100k oblique jobs.”
Tesla didn’t instantly reply to a request searching for extra particulars on the tweet. It has beforehand mentioned the manufacturing unit would create some 10,000 jobs.
The corporate is anticipated to obtain practically $65 million in native tax rebates for the plant, which is positioned near the airport on the japanese outskirts of Austin.
Earlier this month, Tesla it had moved its headquarters to Austin from California.
Reporting by Akash Sriram in Bengaluru; Modifying by Aditya Soni