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Tesla Gigafactory Texas in Austin has some crazy potential for growth based on the size of the land the automaker acquired, which is shown in this interesting new size comparison with other Tesla factories. This new project is exciting for Tesla on many levels. It is going to be the production site for Cybertruck and Tesla Semi, two new vehicle programs to hit the market next year for Tesla. Also, it’s going to allow Tesla to tap into a new market for talent in Austin. But one of the most exciting things about Gigafactory Texas is that it is Tesla’s biggest property to date and therefore, it leaves a lot of room for growth.
Tesla acquired 2,000 acres of land just 15 minutes from downtown Austin to build the new factory.
The new Tesla factory will have an immediate impact on surrounding area real estate but some experts suggest it will impact the whole central Texas economy. We're definitely excited and are watching it first hand. If you're thinking of investing or buying in the area, contact our team today.
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discuss your real estate needs.
Connect with our team to discuss your real estate needs.