Home / World News / Tesla will spend at least $US1.06b on Texas ‘gigafactory’ and hopes to finish it this 12 months, filings show

Tesla will spend at least $US1.06b on Texas ‘gigafactory’ and hopes to finish it this 12 months, filings show

Tesla will spend over $US1 billion ($1.3b) on a new vehicle factory in Austin, Texas, and aims to complete construction of several major elements of the complex by December 31.

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