Tesla considers building its next factory in Austin or Tulsa

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Tesla considers building its next factory in Austin or Tulsa
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Both cities are centrally located, which would help distribution to the east coast.

Tesla is eyeing Austin, Texas and Tulsa, Oklahoma as two potential homes for its next production facility.

This week Tesla executives visited two locations in Tulsa, Oklahoma to see if they would be the right place for Tesla's fifth Gigafactory. Another possible location for Tesla's next plant is Austin, Texas, a source familiar with the search told CNBC.Tesla CEO Elon Musk had decided the next Gigafactory will be in Austin, citing unnamed sources.

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