Tesla Wants to Start New Plant This Summer

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June 22, 2020—Tesla wants to start building its large vehicle assembly plant as early as this summer, reports Reuters.

According to the report, the company is still looking at Texas and Oklahoma for its new plant, pitting them against one another in an effort to secure tax breaks.

Tesla told officials in Travis County, Texas—near Austin—that they wants to invest about $1 billion to build the 4 million to 5 million square foot vehicle assembly plant, which would employ 5,000 people. However, the company needs tax breaks to make the site competitive with an alternative location in Oklahoma, according to documents filed with Texas officials.

The plant would build Tesla's electric pickup truck and Model Y SUV, according to the report.

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