{"id":2155,"date":"2026-08-12T19:18:42","date_gmt":"2026-08-12T19:18:42","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=2155"},"modified":"2026-08-12T19:18:42","modified_gmt":"2026-08-12T19:18:42","slug":"tesla-to-make-big-splash-in-texas-with-10-1-billion-solar-panel-factory","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=2155","title":{"rendered":"Tesla to make big splash in Texas with $10.1 billion solar panel factory"},"content":{"rendered":"<p><\/p>\n<div><!----> <!----> <\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Gerber Kawasaki president and CEO Ross Gerber discusses SpaceX approaching its first earnings report and SpaceX, Tesla merger speculation on &#8216;The Claman Countdown.&#8217;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Tesla is planning to build a massive solar cell factory in Texas that it expects to cost $10.1 billion, according to documents the company filed with the state.<\/p>\n<p>Dubbed Project Crystal Sun, the site would sit just outside Houston in Fort Bend County, according to the documents.<\/p>\n<p>In its pitch to state regulators, Tesla said if Texas rejected the project, it would &#8220;miss the opportunity to attract billions of dollars in investment, help create thousands of full-time jobs for its residents and become a hub for domestic solar cell manufacturing in the U.S.&#8221;<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/343\/192\/tesla-solar-panel-factory.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/686\/384\/tesla-solar-panel-factory.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/672\/378\/tesla-solar-panel-factory.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1344\/756\/tesla-solar-panel-factory.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/931\/523\/tesla-solar-panel-factory.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1862\/1046\/tesla-solar-panel-factory.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/720\/405\/tesla-solar-panel-factory.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1440\/810\/tesla-solar-panel-factory.png?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/931\/523\/tesla-solar-panel-factory.png?ve=1&amp;tl=1\" alt=\"Tesla solar panel factory in Buffalo, New York.\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>Tesla solar panel factory in Buffalo, New York, on Dec. 26, 2018.<\/span><span> (Andrew Harrer\/Bloomberg via Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p><strong>NEW TESLA SOLAR-POWERED CHARGING STATION OPENS<\/strong><\/p>\n<p>&#8220;Tesla is currently evaluating the feasibility of constructing its solar cell manufacturing facility at various locations across multiple U.S. states,&#8221; the company told the state comptroller&#8217;s office.<\/p>\n<p>If built, the facility would create more than 9,700 permanent full-time jobs, as well as 1,147 temporary construction jobs, Tesla said.<\/p>\n<p>Tesla estimated it would owe about $1.1 billion in local property taxes on the project over the next 37 years if it is not granted incentives.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/343\/192\/map-solar-panel-factory.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/686\/384\/map-solar-panel-factory.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/672\/378\/map-solar-panel-factory.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1344\/756\/map-solar-panel-factory.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/931\/523\/map-solar-panel-factory.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1862\/1046\/map-solar-panel-factory.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/720\/405\/map-solar-panel-factory.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1440\/810\/map-solar-panel-factory.png?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/931\/523\/map-solar-panel-factory.png?ve=1&amp;tl=1\" alt=\"Solar panel factory map\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>A map showing where Tesla&#8217;s proposed solar panel factory would be built.<\/span><span> (Tesla)<\/span><\/p>\n<\/div>\n<\/div>\n<p><strong>TESLA TOUTS 380,000 UNSUPERVISED ROBOTAXI MILES WITH \u2018ZERO NOTABLE INCIDENTS\u2019<\/strong><\/p>\n<p>Tesla plans to break ground on the factory this year and complete construction by 2028, with commercial operations expected to begin in 2029.<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\">TSLA<\/td>\n<td class=\"security\">TESLA INC.<\/td>\n<td class=\"last\">327.05<\/td>\n<td class=\"change neg\">-5.76<\/td>\n<td class=\"percent neg\">\n        -1.73%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\">SPCX<\/td>\n<td class=\"security\">SPACE EXPLORATION TECHNOLOGIES CORP.<\/td>\n<td class=\"last\">147.76<\/td>\n<td class=\"change pos\">+14.47<\/td>\n<td class=\"percent pos\">\n        +10.86%\n      <\/td>\n<\/tr>\n<tr\/><\/tbody>\n<\/table>\n<p>It&#8217;s not clear whether the factory&#8217;s solar panels will be produced for installations on the ground or in satellites.\u00a0<\/p>\n<p>Tesla CEO Elon Musk also runs SpaceX, which operates thousands of satellites in low-Earth orbit, all of them equipped with solar panels.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/343\/192\/elon-musk-wef.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/686\/384\/elon-musk-wef.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/672\/378\/elon-musk-wef.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1344\/756\/elon-musk-wef.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/931\/523\/elon-musk-wef.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1862\/1046\/elon-musk-wef.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/720\/405\/elon-musk-wef.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/1440\/810\/elon-musk-wef.png?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/931\/523\/elon-musk-wef.png?ve=1&amp;tl=1\" alt=\"Elon Musk at World Economic Forum\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>Elon Musk speaks during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026.<\/span><span> (Fabrice COFFRINI \/ AFP via Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p><strong>CLICK HERE TO DOWNLOAD THE FOX NEWS APP<\/strong><\/p>\n<p>Although Tesla&#8217;s filings did not reveal the expected output of the proposed solar factory, Musk has previously outlined a goal of setting up 100 gigawatts of domestic solar production.<\/p>\n<p>The U.S. Energy Information Administration said 100 gigawatts is roughly equal to 8% of the entire country&#8217;s power grid capacity.<\/p>\n<\/div>\n<p>#Tesla #big #splash #Texas #billion #solar #panel #factory<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gerber Kawasaki president and &hellip; <\/p>\n","protected":false},"author":1,"featured_media":2156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[237,432,2252,4241,4240,4239,761,2575],"class_list":["post-2155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-big","tag-billion","tag-factory","tag-panel","tag-solar","tag-splash","tag-tesla","tag-texas"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tesla to make 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