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It is official Teslas fourth car factory, its second in the United States, will be in Austin, Texas.

CEO Elon Musk made the announcement on Tesla's second-quarter earnings conference call Wednesday following a fierce bidding process that also involved Tulsa, Oklahoma and others. In the end, however, Travis County and a local school district's deal for more than $65 million in tax rebates over ten years won over the electric car maker.



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