BREAKING! CyberTruck About To Disrupt The Pickup Lovers Mecca? Tesla Purchases Land Close To Austin Texas.

Tesla's main vehicle factory in Fremont, California, has been struggling to find room to build new models since the Model 3 ramp-up was happening. Remember the tent? Well, the company is now looking to expand its US footprint by building its Cybertruck and likely East Coast-bound Model Ys elsewhere.

There's been a great deal of speculation as to where this new Tesla facility might land, with places like Tulsa, Oklahoma going all-out to entice the electric carmaker, but according to a report published Thursday by Electrek, it seems like it's going to be Austin, Texas that's taking the lead.

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atc98092 - 6/18/2020 10:10:48 PM

+1 Boost

Check the details again. Tesla has taken an option on the property, not purchased it. Yet...

runninglogan1 - 6/19/2020 12:00:33 AM

+1 Boost

$5 million seems very cheap for enough land to build a "terafactory".

valhallakey - 6/19/2020 1:17:03 AM

+1 Boost

If it is going to be Tejas I think someone said Ft Worth would make more sense. I agree with that, or even Waco.

jeffgall - 6/19/2020 10:29:08 AM

0 Boost

Good for Telsa showing states that pro-business environments are good for the company, residents, and the state. New York blew it when they turned away Amazon. Are you listening California, New York, New Jersey, Illinois, and Michigan?

valhallakey - 6/19/2020 11:46:52 PM

+2 Boost

As long as those Blue States keep subsidizing the Red States... if they had to pay their own way things might change.

LexSucks - 6/19/2020 10:54:10 AM

-2 Boost

Cyberyuk

mre30 - 6/19/2020 11:54:24 AM

-2 Boost

If Tesla loses money on most every Model 3/Y and S/X vehicle it sells (aside from the heavily optioned ones), how will the economics work on the Cyber Truck?

#NeverOnSale
#VaporWare

SanJoseDriver - 6/19/2020 8:55:29 PM

+2 Boost

Oh it's coming, just like all the other products that made it to market from Tesla that people thought were vaporware... the S, X, and 3.

Without painting and stamping, the cost economics might work out for even the $40k base truck.