Business

Tesla Expands Gigafactory in Austin, Adding New Facilities and Jobs

Updated
Aug 29, 2024 7:11 PM
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Tesla continues its expansion in Austin, investing approximately $775.7 million to build four new buildings at its Gigafactory. The expansion will include facilities for battery cell testing and manufacturing, expected to create around 2,500 new jobs. This development is part of Tesla's broader strategy to enhance its manufacturing capabilities and support its electric vehicle production. The new facilities are slated for completion by the end of 2024, reinforcing Austin's position as a critical hub for Tesla's operations​

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