Tesla pushes ahead with $10.1 billion solar factory in Texas
TSLA Tesla Inc
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View chart & analysis → - 1Tesla (TSLA) is pushing ahead with the construction of a large-scale solar panel factory located 45 minutes southwest of Houston.
- 2Project Crystal Line carries a maximum cost of $10.1 billion and is expected to create roughly 9,700 full-time jobs; the company is applying for tax incentives.
- 3The project targets groundbreaking this year, completion in 2028, and first production in 2029, as part of a plan to build out 100GW of production capacity in the United States.
This 3-line summary is compiled from the report below.
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