Tesla Eyes Texas for Next U.S. Plant: Report

Tesla (NASDAQ: TSLA) is gearing up to announce a new assembly factory in the U.S., which could be located in the state of Texas. 

According to the Austin American-Statesman, the green carmaker is currently in discussions with Travis County, home to Austin, over the size of a potential incentive package. The Travis County government is holding a closed-door meeting Tuesday to discuss what it's willing to offer Tesla, notes the report. A vote on the matter could take place in the next few weeks. 

IMAGE SOURCE: TESLA.

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Source Fool.com