Tesla being offered incentive package for Austin factory

June 16, 2020

Tesla is being offered an incentive package for its near new Austin factory. Tesla says it has plans and high hopes to have an assembly line ready for their new Model Y by the end of the month. 

Currently, the incentives that are being planned for Tesla are unknown, however, the Travis County commissioners court is set to discuss terms on Tuesday. The reason as to why Tesla would be given an incentive and is even in the conversation is due to Teslas incredible wealth capability factor. As Tesla factories start popping up we start seeing how the rise in salaries and active jobs creates a higher GDP for the local areas.

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