Tesla’s proposed $10 billion “Project Crystal Sun” solar factory in Texas could get up to 35 years of local tax breaks on its equipment, according to the four agreements Fort Bend County commissioners approved on Thursday.
The vote was 4-0. And Tesla still hasn’t committed to building the plant in Texas.
From a tax filing to four agreements
As we first reported in August, Tesla applied for a 10-year school property tax limitation under the state’s JETI program, through Lamar CISD and the Texas Comptroller. The plan is a vertically integrated solar plant near Richmond, southwest of Houston, that would make everything from silicon ingots to finished modules, with commercial production targeted for Q1 2029.
Lamar CISD approved the school tax piece in September. The county was next…