These companies have relocated from as far west as California and Portland, and as far east as North Carolina. Read on to meet the newest arrivals to the Austin tech scene.
Tesla will be recruiting 5,000 workers for its new Austin gigafactory, making it the largest tech employer in the city and a promising candidate for the company’s new headquarters.
The incentives package offers Tesla a 70 percent property tax rebate on the first $1.1 billion invested in its new site, which could be worth about $14 million over the next decade. Should this deal go through, it will reportedly be one of the largest economic-development agreements in Austin’s history.
The electric vehicle maker could receive nearly $83 million in incentives and tax breaks if it builds the company’s fifth gigafactory in Austin. During a Tuesday hearing, community members and Travis County officials considered its pitch.
The electronic car maker’s next gigafactory could bring 10,000 new jobs to Austin. The city is reportedly a finalist for the plant along with Tulsa.
