Elon Musk has decided to build the Tesla Cybertruck in Austin, Texas.
The entrepreneur and engineer announced this week that Tesla intends to build a new, 4 million sq. ft. plant in Texas’ Travis County just outside of Austin. The plant will be the main production site for the futuristic-looking Tesla Cybertruck and will also serve as a second plant for the new Model Y crossover.
Tesla will invest $1.1 billion in the new plant and hopes to have it up and operational by late next year. Musk has said previously that he intends to deliver the first Tesla Cybertruck examples to customers in late 2021. Tesla will receive $60 million in county tax breaks for the plant and may also be eligible to receive state incentives later on.
The Tesla Cybertruck plant will be the automaker’s second vehicle production facility, with its Fremont factory in California currently the only other site it operates. It also has a battery plant in Reno, Nevada, however this facility does not produce any vehicles. The Fremont factory was formerly owned through a General Motors and Toyota Joint Venture before the two companies sold the facility in 2010.
While the new Austin site will be Tesla’s biggest production facility, it may not employ as many people as Fremont. Around 10,000 people work at Fremont, with another 6,500 at the Reno battery plant.
The Tesla Cybertruck will serve as a direct competitor to the upcoming new GMC Hummer EV pickup. The Cybertruck debuted during a special event late last year and will be offered with either a one, two or three-motor powertrain setup and will have a maximum range of over 500 miles, Tesla claims. Prices will start at $39,900 for the single motor model and extend to $69,900 for the tri-motor version.