Elon Musk on Twitter
Would be great between Austin and San Antonio, near Circuit of the Americas, which could be its test track!
Would be great between Austin and San Antonio, near Circuit of the Americas, which could be its test track!
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Next Gigafactory in Texas?
- Thread starter Cattledog
- Start date
kalefranz
Member
Best article I found about the Gigafactory 1 competition:
San Antonio's Tesla bid worth more than Nevada's, official says
San Antonio's Tesla bid worth more than Nevada's, official says
Uncle Paul
Well-Known Member
That area near Reno, has been totally transformed by the Gigafactory and the supporting businesses that also moved into the area.
There is a tremendous business park, with lots of infrastructure. Unemployment is non existant if you are willing to work. Housing prices have gone way up and the tax base has gone from almost Zero to Hundreds of Millions.
Texas is going to have to erase the stank they caused by forbidding Tesla to even sell directly a single vehicle in their entire state. Put up barriers to entry to support their legacy of independent dealerships that prey on their citizens. Otherwise a Texas gigafactory obviously will be a non starter.
There is a tremendous business park, with lots of infrastructure. Unemployment is non existant if you are willing to work. Housing prices have gone way up and the tax base has gone from almost Zero to Hundreds of Millions.
Texas is going to have to erase the stank they caused by forbidding Tesla to even sell directly a single vehicle in their entire state. Put up barriers to entry to support their legacy of independent dealerships that prey on their citizens. Otherwise a Texas gigafactory obviously will be a non starter.
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kalefranz
Member
Added a bit of a summary in the investor's forum:
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On Gigafactory Texas, here's a decent wrap-up article written from San Antonio's perspective. Apparently San Antonio was widely considered to have ended up as the second choice, behind Nevada.
San Antonio's Tesla bid worth more than Nevada's, official says
This wrap-up article, from the Nevada perspective, is quite a bit longer but provides a lot of extra nuance and context.
Art of the Tesla deal: How NV won a gigafactory
Some takeaways:
I don't think the direct sales issue will stop Tesla from choosing Texas this round. If Tesla puts a whole Gigafactory in Texas, there will be plenty of voters to overwhelm the dealership interests. But if it did end up being an issue, it wouldn't be resolved for at least another year when the legislature is back in session in 2021. Wherever the next Gigafactory is going to be, I'll bet it's halfway built by the time 2021 gets here.
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On Gigafactory Texas, here's a decent wrap-up article written from San Antonio's perspective. Apparently San Antonio was widely considered to have ended up as the second choice, behind Nevada.
San Antonio's Tesla bid worth more than Nevada's, official says
This wrap-up article, from the Nevada perspective, is quite a bit longer but provides a lot of extra nuance and context.
Art of the Tesla deal: How NV won a gigafactory
Some takeaways:
- San Antonio's incentive package dollar value exceeded the $1.25 billion offered by Nevada. "More than 80 percent of Nevada's incentives ... are tax abatements stretched over 10- and 20-year periods." San Antonio's "package was more weighted to early offsetting costs for the company." "In San Antonio, officials wrangled together a deal that would have included a 1,000-acre site with rail service, workforce development and training programs, discounted electricity rates, property tax abatements and cash grants. Much of that would offset Tesla's cost of constructing its plant in the first two years."
- As a finalist in the selection process, Nevada rushed ahead and broke ground on the potential site before the final selection was made. "For Nevada's economic development team, being the first site to break ground was a big deal for a couple of reasons. No. 1 was the fact that the state made it to the final round of selection. The second reason was it showed just how fast the state was in getting things done." Apparently after Nevada broke ground, Tesla hinted that the other finalists might want to take the same approach. "Tesla suggested late in the bidding process that local officials consider - even without a guarantee of the company's final decision - starting construction and absorbing the cost of the initial building for the gigafactory. Officials in San Antonio balked."
I don't think the direct sales issue will stop Tesla from choosing Texas this round. If Tesla puts a whole Gigafactory in Texas, there will be plenty of voters to overwhelm the dealership interests. But if it did end up being an issue, it wouldn't be resolved for at least another year when the legislature is back in session in 2021. Wherever the next Gigafactory is going to be, I'll bet it's halfway built by the time 2021 gets here.
