Tesla wants to build a $10B solar factory in Texas
In Brief Posted: 9:18 AM PDT · August 12, 2026 Image Credits:View Stock (opens in a new window) / Getty Images Tim De Chant Tesla wants to build a $10B solar factory in Texas Tesla intends to build a massive solar panel factory 45 minutes southwest of Houston, according to documents filed with the state of Texas. The new factory, called Project Crystal Sun, could cost as much as $10.1 billion. Tesla has applied for tax incentives to partially offset the cost, saying that it is exploring other sites “across multiple U.S. states.” The factory would create about 9,700 full-time jobs, Tesla said.
- ▪In Brief Posted: 9:18 AM PDT · August 12, 2026 Image Credits:View Stock (opens in a new window) / Getty Images Tim De Chant Tesla wants to build a $10B solar factory in Texas Tesla intends to build a massive solar panel factory 45 minutes s
- ▪The new factory, called Project Crystal Sun, could cost as much as $10.1 billion.
- ▪Tesla has applied for tax incentives to partially offset the cost, saying that it is exploring other sites “across multiple U.S. states.” The factory would create about 9,700 full-time jobs, Tesla said.
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| Original publisher | TechCrunch |
| Canonical URL | https://techcrunch.com/2026/08/12/tesla-wants-to-build-a-10b-solar-factory-in-texas/ |
| Publication time | Wed, 12 Aug 2026 16:18:31 +0000 |
| Retrieval time | 2026-08-12T16:21:31.586Z |
| Last seen | 2026-08-12T16:21:31.586Z |
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In Brief Posted: 9:18 AM PDT · August 12, 2026 Image Credits:View Stock (opens in a new window) / Getty Images Tim De Chant Tesla wants to build a $10B solar factory in Texas Tesla intends to build a massive solar panel factory 45 minutes southwest of Houston, according to documents filed with the state of Texas. The new factory, called Project Crystal Sun, could cost as much as $10.1 billion. Tesla has applied for tax incentives to partially offset the cost, saying that it is exploring other sites “across multiple U.S. states.” The factory would create about 9,700 full-time jobs, Tesla said. Without incentives, Tesla’s accountants estimated that the property tax liability for the project would be about $1.1 billion over 37 years.
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