Love him or not he's been good for The ATX and The GOAT
Elon Musk is now officially Austin's largest private employer. Tesla boosted headcount 86% last year to 22,777 in the fast-growing region in Texas, where the carmaker churns out Model Y SUVs and Cybertrucks. Tesla's massive Gigafactory Texas is the anchor of Musk's ever-growing presence in the state:
He's building a lithium refinery near Corpus Christi.
Bastrop, about 30 miles east of Austin, is home to operations for Boring and a new SpaceX factory for Starlink satellites.
SpaceX also has a massive launch site for its Starship rocket on the Gulf of Mexico in far south Boca Chica
And an engine testing facility outside Waco.
Musk's companies and the related economic activity they generate reach $11.1 billion a year, estimates Ray Perryman, who runs an economic research firm in Waco. "It is rare that a single individual develops such diverse enterprises with substantial impact across various regions," Perryman said.
"The direct impact of companies which Elon Musk has brought to Texas is as large as some significant manufacturing sectors, such as beverage or electrical equipment production," Perryman added.
Source- Blomberg News in LinkedIn
IMO the world needs more Elons
Elon Musk is now officially Austin's largest private employer. Tesla boosted headcount 86% last year to 22,777 in the fast-growing region in Texas, where the carmaker churns out Model Y SUVs and Cybertrucks. Tesla's massive Gigafactory Texas is the anchor of Musk's ever-growing presence in the state:
He's building a lithium refinery near Corpus Christi.
Bastrop, about 30 miles east of Austin, is home to operations for Boring and a new SpaceX factory for Starlink satellites.
SpaceX also has a massive launch site for its Starship rocket on the Gulf of Mexico in far south Boca Chica
And an engine testing facility outside Waco.
Musk's companies and the related economic activity they generate reach $11.1 billion a year, estimates Ray Perryman, who runs an economic research firm in Waco. "It is rare that a single individual develops such diverse enterprises with substantial impact across various regions," Perryman said.
"The direct impact of companies which Elon Musk has brought to Texas is as large as some significant manufacturing sectors, such as beverage or electrical equipment production," Perryman added.
Source- Blomberg News in LinkedIn
IMO the world needs more Elons
