Tesla (TSLA, Financials) is expanding its energy storage business with a new Megapack manufacturing facility in Texas, marking its third such site globally. The company secured a tax abatement agreement with Waller County to develop the plant near Houston,

Tesla is going to build a new megafactory near Houston to operate a battery storage facility, Electrek reported on Wednesday, citing a tax abatement agreement with Waller County in Texas. The electric vehicle company is going to build and manage its Megapack energy products in over a 1-million-square-foot building near Katy,

A Tesla representative said at the March 5 meeting that the company plans to replicate Tesla’s “Megafactory” in Lathrop, California, which manufactures utility-scale batteries it calls “Megapacks.” The facility makes 10,000 Megapacks a year, equal to 40 gigawatt hours of energy storage.

Tesla is expected to bring a “megafactory” and 1,500 manufacturing jobs to the Houston area. Tesla intends to spend $200 million on a facility in Brookshire, Texas, according to various news reports.

Tesla Inc. is planning a grid-scale battery manufacturing site in Waller County that’s expected to create 1,500 jobs in thee years. The site will build the Austin company’s Megapack batteries, a large-scale energy storage system for solar and other renewable energy projects.

Tesla plans to lease two buildings in Brookshire's Empire West Business Park, which is being developed by Dallas-based Stream Realty Partners. In 2022, Tesla leased the 1.04 milli