Tesla to invest $775M in Texas factory expansion

URLhttps://www.freightwaves.com/news/tesla-to-invest-
SourceFreightWaves
Date Published01/11/2023
Author NameNoi Mahoney
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tesla
Parent companyTesla
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):775.7
City reshored to:austin
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV batteries
What domestic positive factors made reshoring more attractive?Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
Find Reshoring Articles