I live in Raleigh and today's Triangle Business Journal had a blurb about Elon Musk buying more property in Austin...he is going to keep expanding his already massive presence in Texas.
ELON MUSK KEEPS GOING IN TEXAS: Looks like Elon Musk really is going all in on the Lone Star State.
The CEO of Tesla (Nasdaq: TSLA) has apparently acquired hundreds of acres outside Austin across the Colorado river from the site of the company's upcoming gigafactory, the Austin Business Journal reports. That's on top of the 2,500 acres Musk has already amassed in the area.
"Musk's local land holdings are almost 3 times the size of downtown Austin," ABJ says. Whoa!
It's unclear what Musk plans to do with the additional land, but with Tesla moving its headquarters from California to Texas, it makes sense to bet that Musk has more big plans for the state, which is often a top competitor against North Carolina when it comes to winning economic development projects.
https://www.bizjournals.com/#
ELON MUSK KEEPS GOING IN TEXAS: Looks like Elon Musk really is going all in on the Lone Star State.
The CEO of Tesla (Nasdaq: TSLA) has apparently acquired hundreds of acres outside Austin across the Colorado river from the site of the company's upcoming gigafactory, the Austin Business Journal reports. That's on top of the 2,500 acres Musk has already amassed in the area.
"Musk's local land holdings are almost 3 times the size of downtown Austin," ABJ says. Whoa!
It's unclear what Musk plans to do with the additional land, but with Tesla moving its headquarters from California to Texas, it makes sense to bet that Musk has more big plans for the state, which is often a top competitor against North Carolina when it comes to winning economic development projects.
https://www.bizjournals.com/#
