Subscribe
Manufacturing

Texas county approves tax breaks for Tesla plant

Tesla's Cybertruck
Tesla has told Travis County that its planned factory to build the Cybertruck will eventually employ 5,000 full-time workers with an average salary of roughly $47,000 a year.
SC
By:
SOPHIA CAI and PAUL STINSON
B
By:
Bloomberg
|
July 15, 2020 10:19 AM

Texas is moving forward with efforts to woo Tesla Inc. and lure its next electric-vehicle factory after the county that’s home to the state capital signed off on a tax-relief package.

Featured Stories

Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says
Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says
Record 20% of new-vehicle borrowers used 84-month loans in Q1, Edmunds says
Record 20% of new-vehicle borrowers used 84-month loans in Q1, Edmunds says
Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect
Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect
Which vehicles are subject to Trump’s auto tariffs? Check our list
Which vehicles are subject to Trump’s auto tariffs? Check our list

Latest News

Chinese car exports to Russia hit by taxes, consumer uncertainty
Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says
How automotive stocks are performing after latest tariff news
Daily 5 report for April 9: The tragedy of elevated U.S. highway fatalities; follow this piston across North America
Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says
How automotive stocks are performing after latest tariff news
Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect
Canadian countertariffs hit most U.S.-made vehicles with 21.25% levy
Staying current is easy with newsletters delivered straight to your inbox.