Tesla wants to build a $10B solar factory in Texas

Tesla plans to build a large solar panel manufacturing plant in Texas, dubbed Project Crystal Sun, with a projected cost of up to $10.1 billion. The company is seeking state tax incentives to help offset the investment and says it is still considering sites across multiple U.S. states. Tesla estimates the project could create about 9,700 full-time jobs and faces roughly $1.1 billion in property tax liability over 37 years without incentives. The factory is slated to break ground this year, complete in 2028, and begin producing panels in 2029. The announcement underscores Tesla’s push to expand its solar business and broader clean-energy manufacturing footprint, while potentially benefiting from local tax support.