Texas is moving forward with efforts to woo Tesla Inc. and lure its next electric-vehicle factory after the county that’s home to the state capital signed off on a tax-relief package.
Commissioners in Travis County voted Tuesday to approve a 70 percent property-tax rebate on the first $1.1 billion the company invests in a site near Austin. The abatement is worth at least $13.9 million.
The areas of Austin and Tulsa, Okla., are the finalists for landing the facility where Tesla plans to build the Cybertruck pickup that CEO Elon Musk first unveiled late last year. He has said on Twitter that the site also will supplement production of Model Y crossovers already being made at the company’s lone U.S. car-assembly plant in Fremont, Calif.
Tesla has told Travis County that its planned factory will eventually employ 5,000 full-time workers with an average salary of roughly $47,000 a year. At least half of those will be county residents.
The weeks-long ef…