A general view of construction site of the Tesla Gigafactory in Austin, Texas, U.S., October 25, 2021. Picture taken with a drone. REUTERS/Mike Blake/Files
AUSTIN (Reuters) - Tesla Inc is planning to spend more than $1 billion on its new vehicle factory in Austin, Texas, and plans to complete construction by the end of this year, public filings with a Texas state agency showed.
Filings submitted to the Texas Department of Licensing and Regulation (TDLR) on Friday outlined Tesla's spending on various manufacturing capabilities at its Austin factory. The company said it plans to complete construction of its general assembly, paint, casting, stamping and body shop facilities by Dec. 31.
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