Shulou(Shulou.com)11/24 Report--

It is reported that Tesla's electric car factory in Austin, Texas, will begin to expand in the coming weeks.

Tesla said in a document submitted to the Texas Department of Licensing and Supervision (TDLR) on January 9, local time, that he plans to invest 717 million US dollars to build four more new buildings at the Austin plant, with a total floor area of 1.4 million square feet, as early as the end of this month.

The largest of the four projects, called Cell 1, covers an area of 693093 square feet and is expected to cost $368 million. Construction of the project is expected to start on January 23, 2024 and be completed on February 12.

The second largest project, called Drive Unit, covers an area of 423032 square feet and is estimated to cost $85 million. Construction of the project is expected to begin on February 6, 2024 and be completed on January 15.

The third largest project is a battery project, covering an area of 321186 square feet and costing about $260 million. The start date of the project is January 30 and the completion date is December 18.

In addition to these latest applications, Tesla submitted an application for a $58 million project covering an area of 174979 square feet on December 20 last year. Construction of the project was expected to begin on December 27, 2022.

With these five projects, Tesla will expand his area in Austin to about 5.6 million square feet.

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