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Tesla wants to build a $10B solar factory in Texas

CN
CitrixNews Staff
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Tesla wants to build a $10B solar factory in Texas

Tesla intends to build a massive solar panel factory 45 minutes southwest of Houston, according to documents filed with the state of Texas.

The new factory, called Project Crystal Sun, could cost as much as $10.1 billion. Tesla has applied for tax incentives to partially offset the cost, saying that it is exploring other sites “across multiple U.S. states.” The factory would create about 9,700 full-time jobs, Tesla said.

Originally reported by TechCrunch. Read the full story at the original source.