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Tesla’s Cybertruck Terafactory poised to get incentive package from Texas officials
Travis County, Texas officials, are currently in the process of working out the details of an incentive deal with Tesla. The incentives are geared toward bringing the electric automaker’s next production facility to the city of Austin.
The Travis County Commissioners Court is reportedly meeting to discuss potential incentives later today, June 16, The Statesman reported. The terms of the incentives will be discussed during the meeting, and a vote from members of the Commissioners Court will be held in the coming weeks.
The specific details of the possible incentive package for Tesla have not been disclosed publicly, and members of the Court have not commented on the matter as of writing.
Tuesday’s Commissioner’s Court agenda contains an item that is recognized as “consider and take appropriate action on a project under Travis County Code Chapter 28.” Chapter 28 of the Travis County Code talks about incentives for local economic development, which could refer to the reports of Tesla’s potential incentive package.
Sources close to the situation believe that Agenda Item 21 is related to Tesla’s incentive package. The United Auto Workers (UAW) director of public relations, Brian Rothenberg, believes “that Item 21 on the agenda is related to Tesla.” The UAW is a union for employees of automakers.
UAW Vice President Cindy Estrada also believes that Item 21 is directly related to Tesla’s possible presence in the area. “You have to look strongly at the track record of a company and their commitment not just to public dollars, but to the community investment and actual return on jobs created,” she said. “Tesla has a track record of collecting public subsidies from several states but not delivering on their promises. That is why it is important this time for Tesla to commit to community assurances for Travis County before getting subsidies.”
It has been rumored that Tesla is eyeing either Austin, Texas, or Tulsa, Oklahoma, for its next production facility. While it is widely considered that Austin is an overwhelming favorite due to previous comments made by Tesla CEO Elon Musk, Tulsa is pushing hard to convince the electric automaker it would be a good fit for the company’s next production facility.
Either location is ideal for Tesla’s upcoming plans, which include the production of the highly-anticipated Cybertruck and the recently released Model Y crossover. Musk has stated that he wanted the company’s next U.S. facility to be in the central portion of the country, which would alleviate East Coast customers from extended delivery periods.
Musk and company CFO Zachary Kirkhorn also indicated during the Q1 2020 Earnings Call that the next production facility the company builds would be the largest thus far. “I’ll also add that our Gigas have gotten bigger,” Kirkhorn said. Musk added, “It could arguably — it could start being called Tera.”
Kirkhorn expanded on the idea of more extensive production facilities as well. “Yes, with multiple products as well. And so the absolute number of Giga factories, we may ultimately build might be less, but each one is larger,” he said. “And that’s under our belief that just significant efficiencies by having as much as possible, and similar product lines under the same roof, and as much vertical integration as possible all in one facility.”
At least 10,000 employees are expected to work at the new facility based on the fact that it will be larger than the Fremont factory. If Tesla does choose the Lone Star State, it would be a “great win for Texas and Austin,” economist Angelos Angelou stated.
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla is about to make parking in busy lots less stressful than ever
