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Tesla | Stanberry Stories Blog

Wednesday, August 12, 2020   /   by Jenny Carroll

Tesla's Austin Gigafactory is Well Underway

The announcement of Tesla's 2,100-acre gigafactory site, located in Dell Valle in southeast Austin, is poised to transform a previously underdeveloped and underserved section of Travis County into a vibrant, fully serviced community. The corporation out of California, set to build the Tesla Model Y and Model 3 as well as the highly anticipated Cybertruck, has pledged to invest over $1 billion into the local economy and bring 5,000 jobs to the area. As many know, Austin won the close competition for the facility from Tulsa, Oklahoma with the final incentive package including $60 million from Dell Valle's School Officials, according to Philip Jankowski and Shonda Novak's article in The Statesman from August 7th.

While most of the promised jobs will be considered unskilled labor with an average annual wage of $47,000 with entry-level positions at $35,000, Tesla anticipates an additional 4,000 jobs to be created in the community due to the development of the facility. Tesla has already ...

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  family, new, home, cybertruck, dell valle, gigafactory, tesla