Tesla Inc. filed for property tax abatements to build a potential $10.1 billion solar plant. Tesla plans to locate the solar cell and module facility in Fort Bend County, Texas. The company submitted the application to the Lamar Consolidated Independent School District. This filing falls under the Jobs, Energy, Technology and Innovation Act program.
The project signals a major expansion of Tesla’s solar energy production capabilities. This move aligns with a strategy to vertically integrate energy generation and storage operations.
Texas Governor Greg Abbott confirmed the separate Terafab chip manufacturing complex on the same day as this filing. Elon Musk leads the Terafab project in a different Texas county. These developments highlight Tesla’s ongoing large-scale manufacturing investments within the state.