The battle for Tesla’s second US-based vehicle manufacturing plant heated up Monday after Travis County, Texas approved a tax break worth $14.7 million, if the electric carmaker.
Reuters reports that along with the $14.7 million, Austin’s Del Valle school district also approved a $50 million tax break, which would cut Tesla out of funding local schools. Combined, Tesla has just under $65 million in tax breaks on the table, should it select Austin.
It’s not clear whether Austin is the frontrunner for the new facility. Tulsa, Oklahoma is reportedly a second finalist for the factory, which will primarily assemble the. This new facility will also handle for the east coast, according to CEO Elon Musk.
Financial details surrounding a possible Oklahoma site haven’t surfaced, which could suggest Austin is the leading candidate. Tesla did not immediately respond to a request for comment on the selection process. Tulsa has promised numerous little incentives, such as buying a fleet of. The area even painted its famed Golden Driller statue with in a bid to woo the automaker.
According to the report, the new facility would create 5,000 new jobs and production could start as soon as later this year.