Tuesday, July 23, 2024
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Tesla has announced plans to spend more than $770 million on the expansion of its factory in Texas. The expansion will include an expansion of the factory’s production capacity, as well as the addition of new facilities for the research and development of new technologies. The move is part of Tesla’s ongoing efforts to increase its manufacturing capabilities and meet the growing demand for its electric vehicles. This expansion is also set to create new jobs in the area and it is expected to help drive economic growth in the region. Tesla’s factory expansion in Texas demonstrates the company’s confidence in the state’s business-friendly environment and talent pool.

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