{"id":13458,"date":"2026-08-12T19:26:52","date_gmt":"2026-08-12T19:26:52","guid":{"rendered":"https:\/\/stock999.top\/?p=13458"},"modified":"2026-08-12T19:26:52","modified_gmt":"2026-08-12T19:26:52","slug":"tesla-to-make-big-splash-in-texas-with-10-1-billion-solar-panel-factory","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=13458","title":{"rendered":"Tesla to make big splash in Texas with $10.1 billion solar panel factory"},"content":{"rendered":"

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Gerber Kawasaki president and CEO Ross Gerber discusses SpaceX approaching its first earnings report and SpaceX, Tesla merger speculation on ‘The Claman Countdown.’<\/p>\n

Tesla is planning to build a massive solar cell factory in Texas that it expects to cost $10.1 billion, according to documents the company filed with the state.<\/p>\n

Dubbed Project Crystal Sun, the site would sit just outside Houston in Fort Bend County, according to the documents.<\/p>\n

In its pitch to state regulators, Tesla said if Texas rejected the project, it would “miss the opportunity to attract billions of dollars in investment, help create thousands of full-time jobs for its residents and become a hub for domestic solar cell manufacturing in the U.S.”<\/p>\n

Tesla solar panel factory in Buffalo, New York, on Dec. 26, 2018. (Andrew Harrer\/Bloomberg via Getty Images)<\/p>\n

NEW TESLA SOLAR-POWERED CHARGING STATION OPENS<\/p>\n

“Tesla is currently evaluating the feasibility of constructing its solar cell manufacturing facility at various locations across multiple U.S. states,” the company told the state comptroller’s office.<\/p>\n

If built, the facility would create more than 9,700 permanent full-time jobs, as well as 1,147 temporary construction jobs, Tesla said.<\/p>\n

Tesla estimated it would owe about $1.1 billion in local property taxes on the project over the next 37 years if it is not granted incentives.<\/p>\n

A map showing where Tesla’s proposed solar panel factory would be built. (Tesla)<\/p>\n

TESLA TOUTS 380,000 UNSUPERVISED ROBOTAXI MILES WITH \u2018ZERO NOTABLE INCIDENTS\u2019<\/p>\n

Tesla plans to break ground on the factory this year and complete construction by 2028, with commercial operations expected to begin in 2029.<\/p>\n

Ticker Security Last Change Change % TSLA TESLA INC. 326.91 -5.90
\n -1.77%
\n SPCX SPACE EXPLORATION TECHNOLOGIES CORP. 147.96 +14.67
\n +11.01%<\/p>\n

It’s not clear whether the factory’s solar panels will be produced for installations on the ground or in satellites.\u00a0<\/p>\n

Tesla CEO Elon Musk also runs SpaceX, which operates thousands of satellites in low-Earth orbit, all of them equipped with solar panels.<\/p>\n

Elon Musk speaks during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026. (Fabrice COFFRINI \/ AFP via Getty Images)<\/p>\n

CLICK HERE TO DOWNLOAD THE FOX NEWS APP<\/p>\n

Although Tesla’s filings did not reveal the expected output of the proposed solar factory, Musk has previously outlined a goal of setting up 100 gigawatts of domestic solar production.<\/p>\n

The U.S. Energy Information Administration said 100 gigawatts is roughly equal to 8% of the entire country’s power grid capacity.<\/p>\n

#Tesla #big #splash #Texas #billion #solar #panel #factory<\/p>\n","protected":false},"excerpt":{"rendered":"

Gerber Kawasaki president and CEO Ross Gerber discusses SpaceX approaching its first earnings report and…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[237,552,5369,13189,2727,8008,426,1170],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/13458"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13458"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/13458\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}