Tesla goes to construct a brand new Megafactory in Texas close to Houston, in line with a tax abatement settlement with Waller County.
On the time of writing, Tesla had but to touch upon the brand new challenge, however the Waller County Commissioners Courtroom confirmed the challenge on Wednesday after they accepted a tax abatement take care of the corporate:
Underneath the proposed settlement, Tesla will obtain tax abatements from Waller County primarily based on property enhancements. The deal contains $44 million in facility enhancements and $150 million in Tesla manufacturing tools that Tesla will set up. The subsequent section entails a brand new $31 million distribution facility with about $2 million in Tesla distribution tools and constructing upgrades.
Tesla goes to take over a 1-million-sq-ft constructing that it already held the lease on on the Empire West industrial park close to Katy, Texas – simply outdoors of Houston.

Logistics firm DB Schenker occupied the house the place it dealt with components for Tesla, however it’s going to transfer out and Tesla plans to construct Megapack manufacturing strains on the website:
Tesla will function a brand new Megapack battery storage manufacturing facility at a 1 million-square-foot constructing, which was initially constructed with no tenant on hypothesis that it could entice jobs and financial growth.
Tesla has beforehand referred to crops producing Megapacks as “Megafactory”. The corporate already operates one in Lathrop, California, and one in Shanghai, China, the place it simply began manufacturing.
These factories are arrange for a manufacturing capability of 40 GWh value of Megapacks per yr.
It’s not clear if Tesla plans for the same capability at this new manufacturing facility, however the county introduced challenge ought to lead to creating 1,500 jobs.
Along with the present constructing, the challenge will embody the development of a further “600,000-square-foot distribution facility with some manufacturing capabilities.”
Not like its automotive enterprise, Tesla’s vitality enterprise has been rising at a powerful tempo – though costs and margins have come down final yr.