Web3: Tesla Plans to Build a $10 Billion Solar Factory in Texas

Documents show that Tesla plans to build a large solar panel factory in Texas, United States, with the project named “Project Crystal Sun.” The factory will be located about a 45-minute drive southwest of Houston, with a maximum investment of up to $10.1 billion.

The company disclosed that the project has applied for tax incentives in Texas to partially offset construction costs. Tesla also stated that it is evaluating other potential sites in multiple states across the U.S. If the project is finalized, it is expected to create around 9,700 full-time jobs.

Tax Costs and Site Selection Considerations

According to the submitted documents, without relevant incentive measures, the project would face property tax costs of about $1.1 billion over 37 years. This is also one of the key reasons why Tesla is seeking tax breaks.

From the disclosed information, Texas remains the current main location for advancing the project, but the company has not completely ruled out the possibility of relocating to other states. The statements indicate that Tesla is still comparing the conditions for implementation in different states.

Construction Timeline Disclosed

Tesla stated in the documents that the goal is to break ground on the project this year and complete construction by 2028. According to this schedule, the first batch of solar panels is expected to come off the line in 2029.

At present, Tesla has not specified whether these panels will be mainly used for ground-based power plants, distributed scenarios, or other purposes. Reports mention that Musk also heads SpaceX and has long been optimistic about orbital data centers and related space infrastructure, but the documents themselves do not provide any further explanation of a direct connection between this factory and those businesses.

Annual Production Capacity Not Yet Disclosed

Tesla did not reveal the annual output of this factory in the current documents. However, the company previously stated its plan to build a total manufacturing capacity of 100 GW in the U.S. by 2028.

If the project proceeds as planned, Tesla’s energy manufacturing footprint in the U.S. will be further expanded. For the company, this not only relates to expansion of its solar business but is also connected to advancing localization in its energy equipment supply chain.

Additional Information: According to TechCrunch, Tesla’s newly disclosed documents do not specify whether the factory’s products will be used for ground installations or satellite-related purposes. At this stage, the publicly available information is still focused on investment scale, tax incentives, and the construction timeline.