There are some new updates out there for the Tesla Giga Texas. We knew in advance that Tesla was planning to create thousands of jobs in Austin building the gig factory. Reuters reports that the number is around 10,000 low-skilled jobs. In terms of manufacturing, Tesla is already running at full speed with its new START Manufacturing program, which recently held a cutting ceremony for its new facilities.
NEWS: Tesla appears to have applied for approval (11/19/21) for the five main sections of the Giga Texas to begin operations.
Total valuation $ 1.06 billion
Body in white
All 5 are awaiting approval from the ATX Architectural Review Board 🤯 $ TSLA pic.twitter.com/mwHspCe1W6
– Gail Alfar (Austin) (@GailAlfarATX) November 20, 2021
Tesla has recently submitted applications for the five major parts of Model Y production to the Texas Department of Licensing and Regulation (TDLR). These outlined Tesla’s spending budget on various production options at Giga Texas.
In a nutshell, Tesla plans to spend over $ 1 billion on Giga Texas, and construction should be completed by the end of this year (end of next month).
The applications also mention a budget for each section.
- General Meeting: $ 493 million.
- Paint: $ 126 million.
- Caster $ 109 million.
- Stamping: $ 150 million.
- Body-in-white: $ 182 million.
In total, the facilities will have a total square footage of about 4.3 million and a total cost of $ 1.06 billion.
Welcome to Giga Texas – on Tesla Road! pic.twitter.com/iOmajPL15W
– Omead Afshar (@omead) November 19, 2021
Tesla plans to get both Giga Texas and Giga Berlin to start production before the end of the year. These are critical elements in its growth plan. Giga Berlin has run into some problems with so-called environmental groups who seem to only care about stopping Tesla instead of helping the environment. In stark contrast, Giga Texas apparently has the full support of the state government.
Once Tesla completes the first phase of a major manufacturing project, the $ 1.06 billion investment will enable Tesla to grow rapidly, producing as many as 500,000 Model Ys annually at Giga Texas alone. This is the first phase. Model 3, Cybertruck and Tesla Semi production will eventually also be added according to Tesla’s plans.
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