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Sawyer Merritt
@SawyerMerritt
EVs/space/tech. Bringing you the latest news in a single, easy-to-read feed. $TSLA & $SPCX investor, Model Y owner.
Joined January 2011
504 Following    1.2M Followers
Good news, Tesla is now one step closer to starting construction on a new $10.1 billion solar manufacturing factory near Houston, Texas. The Lamar CISD board has unanimously approved moving forward with a tax incentive agreement for @Tesla's proposed "Project Crystal Sun." Lamar board member: “I am ultimately going to support this because I believe a project of this size will be a net positive impact for our county, including the 10,000 jobs. As Tesla becomes a major employer in the county, I really look forward to our students benefitting from that.” Tesla is aiming to start construction this year and finish in 2028, with commercial operations starting in Q1 2029: • Site covers part of roughly 3,000 acres • The project would create 9,712 permanent full-time jobs • Entail a total of ~$10.1B in capital investment • Total direct and indirect economic impact of the project would generate an estimated ~$6.4B in state and local taxes. • It is estimated that the State of Texas would increase its GDP by ~$107 billion as a result of the project. The project will include: • Wafer Manufacturing • Ingot Manufacturing • Coating • Metallization and Printing Lines • Cell Testing and QC • Automation and Material Handling • Cleanroom and Production Support • Site Infrastructure • Chemical Storage and Delivery • Utility Infrastructure • Environmental and Safety Systems An epic vertically integrated solar manufacturing facility ☀️
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