Tesla picks Austin for $1 billion auto factory

"In one of the largest economic development projects in Austin's history, electric automaker Tesla says it will build a $1.1 billion assembly plant in Travis County that will employ 5,000 people...Tesla officials previously have said they intend to break ground on the factory by the third quarter of this year, although CEO Elon Musk said Wednesday that initial work at the site actually began last weekend."

Gov. Greg Abbott halts elective surgeries in big metros, pauses further reopenings as Texas’ coronavirus cases spike

"Gov. Greg Abbott, a day after a key coronavirus metric he’s been watching hit “red flag” territory, again has moved to conserve hospital beds by halting elective surgeries. He also announced Thursday that he’s pausing any further reopening of businesses and other public activities until Texas can “corral” a recent surge in COVID-19 infections...Unlike the March order, though, the one he issued on Thursday didn’t apply statewide, just to Dallas, Harris, Travis and Bexar counties."

Yes, everyone’s moving to Austin – but they’re not all coming from California

"Austin has seen more proportionate growth from net migration than any other major U.S. city in the past 10 years, according to a new analysis...more than 50 percent of migration to Austin from 2012 to 2016 was from people leaving other large Texas cities, such as Houston, Dallas and San Antonio. But census date also shows that a net of thousands of people from states like California, Florida and New York came to Austin during those years."

Copyright @ 2020 SPI Advisory. All Rights Reserved. Web Design : Ray Creations