Tesla’s prospective factory project in Austin has gained support from the Del Valle Independent School District, which voted Thursday to approve incentives to lure the automaker to the area.
The proposal would give Tesla property tax incentives of $68 million and place the Tesla factory on land owned by the district. Tesla is interested in a 2,100 acre parcel at the intersection of State Highway 130 and Harold Green Road.
Travis County Commissioners are also considering whether to grant a 20-year property tax abatement to secure the factory. That particular proposal has experienced some objection from community members and commissioners pushed a vote on the matter until next week.
Tesla is also considering Tulsa for the Cybertruck factory. Chief Executive Elon Musk visiting the city last week, meeting with the Oklahoma governor. Tesla has conducted an enthusiastic campaign to attract the automaker, and has had less opposition from the community. However, Austin has long been the favorite and seems to be lining up the incentives to seal the deal.