Principal Economists Dwight Steward discusses the economic impact of Tesla beginning production in Austin, Texas, with KEYE-TV Journalist Jessica Taylor.
With new production beginning in January 2022, Dr. Steward believes more jobs and infrastructure will follow. He agrees with expert projections of 5-15,000 jobs being created because the onset of production will result in more jobs and infrastructure. Likely, it will be closer to 15,000 because factory jobs have the potential to create a lot more opportunities according to Steward. Unlike their competitors, Tesla has had no labor and chip shortages.
Elon Musk announced near the end of 2021 that the headquarters will be moving to Austin alongside the gigafactory which began construction during the Summer of 2020.
Check out the full article here: https://cbsaustin.com/newsletter-daily/analysts-say-tesla-could-begin-production-at-austin-gigafactory-before-end-of-january