Report: Tesla may build next factory in Austin area

Report: Tesla may build next factory in Austin area

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Tesla Inc. is planning to build a major factory in the Austin area, according to a report Friday in electric vehicle news website . Tesla (Nasdaq: TSLA) had settled on Austin, "or at least close to the city," for its next major manufacturing facility, an unnamed source told the publication. Tesla is considering several potential sites in the Austin metro, according to The Electrek. The factory could produce Tesla's electric pickup truck called the Cybertruck as well as as the company's new Model…

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